I've used graffiti/gum/adhesive removers for a decade and they're just as good. Goof-Off is one of my favorites, it contains xylene (contained in paints/inks; gives markers a sweet chemical smell) and methyl carbitol (anti-icing additive in jet fuels) as active ingredients.
Just soak a papertowel (or similar) and gently rub away the painted part. I'm not sure how it will affect flocking, though.
When I;m out of acetone (like I am now) I use laquer thinner. It doesn't burn your nostrils as much. Just left the sculpt sit for about 5 minutes in the stuff, and the paint come right off. It doesnt burn as badly when it gets in a cut.
I've also found that Tamiya paint thinner works well if your stripping the paint off of a repaint (like I always do). But, you need some force with a toothbrush though.
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