I've seen worse and it doesn't bother me much. These are not $15K Alembics with bookmatched cocobolo tops. I have a '75 P that is one piece - rare but they do exist - and another 75 that is a 3-piece body and sounds way better. What I have learned from Musicmasters (5 piece bodies, basically leftover wood strips hidden under the paint) is that glue can be the secret ingredient to good tone.
By the way, looking at the pic, the pickup cover is a reissue. I like the flatter original covers but I understand why they are now making them curved like this.