I would say it comes down to how bad your cabinet is as to whether doing it the way I am is an option. If the cabinet is quite bad and really needs to be rubbed back to almost bare to get a reasonable surface, then my way may not be an option since you will lose the image to frisket around. But if it's just say faded or scratched etc in patches and the overall cabinet is reasonable I think you could get a good result with this method.

The very front of one side of my cab was probably the only really bad bit. I'm not entirely happy with the finish on that area since I had to balance between sanding it back to a nice smooth surface and losing the image. The rest to date looks promising. That said you can never seem to get it 100%, the more you look at it the more you think "oh I should do that bit, or sand that again, or patch that bit", you become your own worst critic. I was talking about a couple of bits to my wife and she was asking me why I would even bother as she couldn't see what I as referring to and kept telling me that it looked fine.