I started off as being gung-ho to do my whole cab in laminate, but my enthusiasm has worn.
Lighten up there, son! You'll be uber-happy once you get passed those boring parts. When you've never built one of these before, it's hard to see the whole picture. When I was at that point, I remember thinking that my arcade was never going to get done.. but there I was this morning playing a sweet game of Final Fight! *drool*
My CP will be laminated, but the next area of concern is the "foot" area when sitting at the cab on bar stools.
Would the finish be durable enough to take the odd kick?
I used plain old black semi-gloss paint with about 6 or 7 coats of paint. Other than dirt or dust, I don't see there being a real problem. It WILL get dirty though, and it WILL get scuffed up from people getting excited and stepping all over it, or whatever. No matter what you do, you'll eventually have to replace a kickplate or repaint at some point. Just accept it

Personally, I'm not too worried about it. Should I be? Probably, but a metal or plexiglass kickplate is something I can install whenever I want and doesn't need to be installed when I'm building the cabinet. I'll see what my wear-and-tear will be first.
/Steve