I've owned two airplanes with wood and faux-wood instrument panels; one was a Pazmany and the other an Aeronca Chief. I thought both were visually distracting, and both aged poorly and looked tacky. Of course, I'm sure it can be done so that it looks and works well, but in general I much prefer a nice flat gray or black.
If you want some wood in the cockpit (no, this is not a Viagra ad), I'd suggest you look for less central opportunities for wooden trim that look more authentic. Like maybe the stick grips or some edge accents along the bottom of the panel or on the fuselage formers.
Thanks, Bob K.