I'm really glad I did. The table is the perfect size for my boys and when I fold up one the benches it fits the space perfectly. It looked a little worn and I wasn't a huge fan of the wood but figured it would be easy to paint. That's were I got myself in to a little trouble. I should of just used our left-over kitchen cabinet paint, I'd already used on other surfaces in our dining room. Instead I tried using clearance spray paint, was too lazy to prime, and ended up wasting $10 and lots of time. Finally I gave up on spray paint, resanded, and used our that cabinet paint. It was frustrating, but I think I learned my lesson and I'm pleased with the final product.
You can see in the second picture that I turned it into a little writing/drawing station. All the materials are from Ikea. I didn't like the original galvanized look so I tried spray paint again and this time had better luck. I used some Ace Black Satin we had on hand and then lightly covered it with Design Master Bronze.
It's a fun use of an otherwise awkward little corner and the boys are loving their new space.