I couldn't stand it. And while I have plans to get some oil cloth and actually cover the table, I needed a quick fix. Enter scrapbook paper and clear contact paper, and this is what we now have:
The edges aren't wrapped perfectly, and there's a seam down the middle, but it's a million times better than what was going on before. Do you have a great idea for spiffing up a table? I'd love to hear it!