MimiBug123,
I got here late but I'm glad you decided to leave Elizabeth as she is. The wear and use marks left by their previous owners are history. Yes they might not look good, but the machine was to it's original owner and their heirs a tool. Not a display item. And the chips, needle rash, and worn decals just show that the machine has made many many items.
I feel this way about my moms HOTHER and most of the other machines I have.
About the only one I would repaint is my New Home Model AB. Mini was well used, then put away when she jammed up because some nit wit put bunches of needles inside her. After that mice used her for a nest and their urine really made a mess of her paint. If I could find new decals, that machine would get painted.
Joe