I left mine bare - my experience with baffles on my old Grumman was that with all the vibration and wear, they'd be looking patched and ratty eventually anyway. With more than 450 hours on the Val's baffles now, they do look remarkably good - no wear or cracks - but I'm still satisfied that I didn't take the time to paint them. If I had, and they needed patching, the disassembly to repaint to make them pretty again would be a lot of work - I don't want to have to take them apart until it's time for engine overhaul!
Paint them, powdercoat them, or anodize them if it makes you feel better, but leaving them bare worked just fine for me.
Paul