Hi Wobblyman and welcome to the forum,
I'm doing similar work to some double hung windows in our place and I'm planning on stripping right back to bare timber but I'm probably a masochist...especially now I realise how rubbish eco paint strippers are...
Taking the paint off will give you a bit more clearance between the sashes and the staff bead as mine are pretty stiff with 100 years of paint.
Also when its back to bare timber you can see if the timber is starting to deteriorate.
Be careful with the sanding and heat gun, there may be lead in the paint.
Andy