A terrible dinette table. Opinions on modification?

Thanks all, I'm still reading all the replies and contemplating.

Table looks good Profdant. Certainly gives me ideas - redoing the table entirely with something like that which could be made full size for the bed usage but folded back on itself using piano hinges for dinette use (and not having to worry about unfinished edges) has appeal, absolutely.

As does reducing weight. The table that's in it now has to weight 25-30 pounds, it's freakin unbelievable.