I Happen to own that same table and love it. Found it at a local thrift, and my first AK post was an inquiry as to what cartridge to use with it (thanks for the advice, Howard! Still using the AT-95E, although I'll upgrade at some point).
The veneer was peeling off in places (obviously not uncommon) and I also used some woodgrain contact paper to help conceal those spots. Doesn't look too bad, and not too noticeable from a distance. I'm not real handy, but I'd like to re-veneer it at some point. I think that there is actually a peel and stick veneer on the market (3M?)