Sorry to throw two questions into one thread. Not even the same bike, but similar situations, and the same question about each. Question being - do I use this, or lose it?
First - Specialized RockHopper, 1989-ish I think. Thumb shifters and green/purple fade. Rigid "Direct Drive" (I think that means it's cro-mo) fork. And that's where the problem is:

Left blade has a dent about halfway down. Hard to say how it happened. Not rusted up, so I'm thinking something that happened in storage. Has an abraded, scraped look to it.
Closer shot for detail.
And a side-on shot to give an idea of the depth. Sorry about the awful focus.
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Second, mid-'90s Trek MultiTrack 730. Lugged frame, so I think that puts it at about '94-'95. This one has a gouge in the DS seat stay, right at the dropout. No doubt from prolonged chain rub:

Appears to be about 1/2 mm deep, but that's a wild-@$$ guess..
Here's a tighter shot, if that helps establish depth.

Extreme close-up to gauge the depth.
So, question in both cases is, use it or lose it? Do I keep that ^ frame, or that ^^^ fork, or are they done for? Any repair options in either case?