Paneling solutions?

Sandy
by Sandy
I am doing a living room makeover. We have removed a woodstove and brick hearth. The wall behind this is all paneling, very much the 70's look. I was told that if I fill the cracks with drywall mud, prime the paneling, then we can have it textured. I have also heard it doesn't always stick. Any ideas if this is a good idea? The paneling is in good shape, so it is possible to just paint it.
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