/diy/ - Do It Yourself

>moving into a mobile home
>all the walls are wood paneling
>some of the walls in one bedroom have damage
>layers of wood peeling, deep gouges, areas where the seams have split and the walls are even pushed in a little, etc
>don't want to pull the paneling off to replace because I know I'll just be opening a can of worms

How bad of an idea would it be to just go over the existing walls with new bead board? I'd attach it with liquid nails over the whole panel and a bunch of 18 gauge nails on the studs. Then new molding around the ceiling and floor so there's no visible gaps.