You know, once you get the fender and cracked trim piece off and repair/repaint the fender, it doesn't really need another trim piece; the chrome guard (and blue pinstripe) is sufficient. JMHO
+1

My Bumble Bee had a rusty one of those on it when I bought it. I looked at getting it re-chromed but the price was stupid so I just left it off. I prefer the look without it but is is personal. Don't forget when you are filling the dent to fill the front mounting hole for the trim

before you re-paint the fender.