First welcome to the AGF jbruns. Yeah that is an old post!
I pretty much detailed how I approached it above. The finish was so thick on that old Tak that I soon realized sanding wasn't going to cut it. Stripper did the trick and some minor damage to the binding which you can't really tell. I did not remove the neck and if you look very close you can tell but it still looks fine. I sanded the neck down a bit to a more comfortable profile to me. I did remove the pickguard and had my buddy remove the bridge. The veneer on the back and sides is very thin so be careful. I only used sandpaper on the veneer surfaces. A well honed scraper worked excellent on the solid spruce top. The downside to tru oil is that the guitar has much less protection to dings than Poly or Nitro. I still play that guitar regularly and it does show a fair amount of dings. The Tru Oil is the only finish applied. Take your time and be careful using any stripper. I wouldn't recommend strippers on an expensive guitar however.
A cheap Tak is a great way to learn! Good luck and enjoy.