Looks smart OP! 8)
As some of the previous comments you do need to be careful. However nasty they look, they still serve a function and you don't want to compromise their function over the aesthetics.
I'd say sand paper. Wire brush will just make a mess IMO.
You also want to be careful with overspray onto the "actual brake disc" by that I mean the section which comes into contact with the brake pad. You will clean up the over spray here when you brake, but too much paint may clog up your pad? Something else to be weary off.
The copper grease, again, make sure that you're careful with where you put this. I put some on the hub section where the 5 wheel bolts go, but also apply to the brake callipers. This makes sure the callipers can move freely when pressing/releasing the brake pedal.