I had been skeptical of painting pleather, but after I saw a similar chair that Jenny Komenda did, I took the plunge and bought two cans of Rustoleum multi-surface spray paint. $6.00 and an hour or two later and I'm already enjoying the finished product.
Not too shabby for a garbage chair. I only wish I had two (my neighbors had a pair, but kept the other one). How great would a pair of these look tucked into a long, butcher block-topped desk?