Good idea. I will try that on an old Mountain Dew ACL that I don't really care about and is faded anyhow.You could always try it with a broken bottle or one that you don't care about to see what happens. I suspect that the paint would break down or fade, but can't say for certain.
Thanks for the warning. Sorry about your bottles. After hearing that I think I'll stick to vinegar.I wouldn't do it. I found some ACL milk bottles in an abandoned house attic. I put them in a tub of water with bleach added to sterilize and soak the disgusting urine/crap that was inside the bottles due to mice/rats using them for homes over the years. The ACL's disappeared. It really sucked, they were nice graphic ACL's.