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My point of view would be that provided that you're thrilled enough with their sound, the choice to paint or veneer would be entirely a matter of aesthetics / your choice (or the missus?). It's probably less total labour (but higher material costs) to veneer and finish with a simple clear coat, than the steps required for a high grade paint finish on plywood. Both require a fair degree of time, and in the case of applying the veneer, a slightly different skill set than for painting alone. Of course if you have to buy all the products for a quality paint finish, the cost can easily approach that of a sheet or 2 of common veneers. I personally prefer the look of a veneered wooden cabinet, and my only experience attempting an instrument grade paint finish (on MDF, which is much easier to paint than plywood)was not a huge success.
Don't forget, even after you apply the veneer, you will still have the same steps to finish the veneer, as to paint.