Old trunk re-do?

I just got this old (free) handmade trunk from my mom. It belonged to a grand uncle of mine that has long since passed on, and ended up in her garage for lack of something better to do with it. I needed something small and efficient (it has wheels), and I like the beat-up quality of it.

I'm debating whether to refinish it with some white paint and new hardware, maybe even some printed panel inserts, like these trunks, or just leave it as is. With the party coming up fast and furious this Sunday (a surprise party for my dad), I have precious little time left for such fun projects.