Has anyone painted or refinished their dunlavy spekaers

I used veneersupplies.com for my subs. They have a version with an adhesive backing that makes it as simple as peel and stick. If you are careful you could remove and replace only the lifted area, or anything up to and including refinishing the entire pair. Easily more cost and labor effective than painting. 

You might consider replacing just the damaged areas, only doing both speakers symmetrically and in a contrasting wood. Done right it might look even better than new.

Wood refinishing is wood refinishing. It sounds like the veneer is lifting. Where and how much?
(You aren't really a fluffer, are you?)