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I've seen cathedral radios busted in 3-5 pieces, missing half their veneer, chunks missing from the moldings, etc. (Basically 10x worse) restored to like new many times (I've even done a couple basket cases myself). There's no question that it's restorable.
Whether it's worth it to you or not is your call. (Granted a lot of TVs that get recaped sell for less than the caps cost so monitary worth isn't the yard stick most restorers go by.)
The advantage to learning advanced cabinet restoration on something like this (most common 7" electrostatic) set VS something valuable like a CT-100 or Zenith Stratosphere is if you mess up on this Motorola nobody is going to be too sad about it.
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