I have worked with plasti dip, and it would be easy to do, but it won't hold up against your boots. Maybe if you just ripped around a corn field or something here and there, but I don't think it would hold up. Your Stator cover takes a lot more of a beating than a car does, and a lot more constant rubbing. Plus my experience is once a little starts going it all starts going. But on the bright side you could redo it every time it comes off and it would be cheap and easy to do.