Is the vinyl on the sides of the CP just peeling, or is it ripped/missing? If it's just peeling, you might be able to iron it back down to the cabinet. You'll need to use a shirt between the iron and the vinyl to keep it from sticking. Use a shirt you don't want as you may get glue on it. Start with a low setting and see how it works as your dealing with vinyl and don't want to melt it.
As for the CPO, if you can't live with it, you may want to see if you can find a replacement CPO or control panel in better condition.