Ok. Good Luck!
No really, it is not that difficult. Just take your time. I replaced wire per wire, so replaced the Japanese wire and the directly soldered the Cloth one in it place. So doing wire per wire.
It's easy if you use the correct color, if you got acces to the different colours. I didn't and only had Black and white. I just use black for ground and white for hot, keeps it easy imo.
You can replicat the shielding if you can get self adhesive brass tape. Again I couldn't find any, but a frien of mine gave me a spraycan of "high grade shielding paint" (which actually contans brass particals and works just as good)
Anyway, I guess we have simelar guitars. I got a CIJ JM with Antiquity II pu's and a Mustang bridge. Although mine is a bit of a Frankenstein now since It's got an All Parts Maple Strat neck.
As for the "orange drop" caps, I hear no differance, but they are "vintage correct" so to speak. In the end a Capicitator is what it is imo. But the CIJ used a yellow plastic one, I guess it's just as good.
Oh, yeah...The Psycho Stick was some kind of skateboard....The curved shape....It was a bit like the Offwaist of skateboards to me

I'm currently working on "the Psycho Stick" Guitar. Tele meets Jag and LP. (Weird combination, I know....)