I love candy cherry red but haven't had the nerve to put it (or have it put) on a vehicle as there's virtually (absolutely?) no blowing or touching in candy finishes for any blemishes if you want a perfect match... Nearest dark red metallic that I have found is Land Rover Alverston red which is a stunning colour, I had my two CB400s painted in it. I think if would suit a gen 2 with black wheels but might be a bit similar to the factory (is it Lava?) red?
Colour choosing is not as easy as just picking your favourite however, it has to suit the vehicle it's to go on. I wanted my CBR600F red but when I researched pictures on the cbr forum it just didn't suit it....
I think that Honda Lapis blue (a pearl colour) with matt copper wheels might suit the gen 2 nicely, it would certainly give it a modern look if that is what you might like?
When colour changing a bike I collect spare bodywork and tank first and then prepare that and either spray it myself or have it sprayed, that way it can go back to original at any time or still be on the road if any or all panels need touching in for scratches, stone chips or the like...
Hope that helps.