Drip Rail Damage

1974 Scamp...previous owner(s) painted the drip rails above the windows the same color as the car. I stripped the drivers side and polished it and it came out great. Today I stripped the passenger side and it was looking good until I started on the piece next to the windshield. Under the paint was filler and the rail looked pitted. I dug into the pits and found some rust and in one part there was a hole all the way through...see the pix.

So....what do I do...replace the rail(is that possible) or just paint it when I do the car and live without the trim I was hoping for??