Yes, I agree - I think a decision on those lines might be taken in the future, but we've only just moved in and don't want to make largeish decisions just yet - for now it's quite good for privacy, hiding bike storage etc.
I love chopping stuff out, while my wife tends to prefer to conserve.
If it was me, I’d take the whole thing out and replace with something I actually like.
The light it would let in alone would be worth it.