Problem...

Sorry for the poor photo quality... my phone camera kinda sucks.

So I bought this chair at an auction the other night (for $11, what?!) and I absolutely love it!! I think it's so cute. But more importantly, I think it has sooo much potential... and that's the problem! I'm trying to decide how big of a project I want it to be. I can't decide if I want to paint it a fun/funky color or if I want to keep the original wood look and just reupholster the cushion. hmmm Decisions, decisions. What would you do??