What about veneer?
I am thinking of doing a teak veneer and simply gluing it on after removing the vinal paper. I don't believe furring strips or insulation would be neccessary w veneer. Is that correct? The ancient vinal paper on there now seems to be holding well and mold nor mildew has been significant. Sorry if I am covering or straying from material already overdone here...
My formula for living is quite simple. I get up in the morning and I go to bed at night. In between, I occupy myself as best I can.