The key question here is can you weld? There's a fair bit to do, but it's doable if you can weld and if you can put the time into it. If you need to pay someone to weld it at normal rates then it's going to be expensive to get that sorted out but if you can do it yourself then you only have the cost of sheet metal and gas really, which won't come to much.
I've just finished doing the rear arches on mine and they were quite a bit worse than yours, though I seem to be better off in some of the other areas. If you do have a welder and can weld, the best thing you can do is make a start on a couple of areas and see how you feel.
Best of luck,
Craig
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