Thank you for all the input and feedback that you guys have given me.
After more consideration on your comments throughout the day I think that I will keep the hinges, but Bondo the faces of the hinge-plates; then sand smooth and paint.
YaY! I love painting
One of the contributing factors to not switching hinges is that the mounting holes are reversed ("v"-shaped) than all the hinges that I saw today. Additionally The two different plates' holes eclipse one-another. This makes the task of drilling the second set of holes more difficult and prone to error.
Generally this would not be an issue as larger hinges could be used and then the hole pattern would be more spread out and the old holes would be covered. Although not ideal I would have done this except with with the added height comes added width, and that would interfere with the mounting of the radiator panels.
So, something like this (sorry about the lame Paint-job):
This would leave the relief on the hinged portions and the finials, and I would re-paint the entire hinge so that the color was uniform.
My only trepidation is the prep work. I have a small wire brush for the Dremel, and I coul use that to remove the old paint, but perhaps there is a better/faster/easier way (no I don't ask too much-lol
maybe skip all that and simply Bondo?
Thank you all for your help so far.