I finally found a photo to illustrate what I'm picturing for my little orange chair. It looks like these chair renovators chose to use latex paint instead of spray paint. I really like how it looks, so I might go ahead and do it that way. To see more photos of their chair makeover, click here.
Thanks for all your advice and insight regarding this project! Whatever I do, I'm still planning to wait until after the baby comes. Hopefully we can all be patient!