If you like the vinyl, do it. After much debate, I decided to remove the vinyl, keep the halo trim and paint the area the vinyl used to cover to match my Grabber stripes. The important thing is to make it YOUR car and reflect YOUR personality, no matter what anyone else thinks.
Mine was factory-painted under the vinyl top. It was also rusty... The streaks of brown shown here is the factory-applied adhesive. The guy on the driver's side must have had a bad day...