I'd keep it too but I would remove the paint from inside the action and possibly paint the rifle over to my liking. But if it shoots and feeds it wouldn't hurt to leave it as is. My old favorite is a Mauser action with a stainless 7x57 barrel on it and it to is ugly but it has been a solid killer of game for many years.

Dog I rescued in January

[Linked Image from i.postimg.cc]