Don't redo it! It's lovely as is. If you feel you must make repairs where things have deteriorated to the point where you just can't stand it, do so gently. If you take it apart, you risk tears and rips that will be beyond repair. froggyintexas

It is an awesome quilt with so many wonderful memories. I would just fix it as is & enjoy looking at your first project. You actually done a great job on it for your first try. I would be proud of it & show it off as much as possible.

i would try to repair what's coming apart...

This is a treasure! I recently came across my first quilt, it was a log cabin. It had experienced a lot of years of use, the binding was worn in places, the fabrics had faded from the sun and a few of the logs were "crumbling". I just cut the old binding off with my rotary cutter and replaced it with fresh new binding, replaced the crumbling logs with new ones. I couldn't do any thing about the faded fabrics...but it was so much fun, bringing an old friend back to life.