IMHO, I think it has character the way it is. It looks like a piece of history. Not that others don't, but in looking at restored pictures, I get the sense of new blade, not old with a potential rich history. I don't know what the typical opinion is in this community, but that's how I see it right now, and one of the reasons I was thinking about getting just a new Menuki. I see where I can buy it online, but I have yet to look for a tutorial on how to wrap it. Thanks for your input Sencho!