Well, here is my $40 fix. I took the head rest to a highly rated upholstery shop to get the head rest recovered in BMW Oyster vinyl for $135, even though the head rest front cover is leather. The next day they called and, big surprise, Oyster vinyl is NLA(see my
previous post). Oyster Leather was available but the cost of covering would jump to $260!!
While I was picking up my still damaged head rest the upholstery shop's leather colorant and repair subcontractor walked in. He took pity on my poor head rest and said he would fix it on the spot for $40. Since he normaly charges $125 for house calls I figured for 40 bucks it was worth a shot...
As you can see (or maybe you can't) the pebble texture is slightly different where the original clear urethane top coat and pigmented color coat rubbed off. But, I'd say it's 3 feet perfect. (You don't notice it from 3 or more feet away)