I took my pegs off shortly after getting mine, and have left the mounts bare nekked. Who knows, maybe someday I'll want to put em back and have a passenger. Of course my bike is not even close to being a "see me" or garage queen bike.
A thought about covering them, you know the rubber stoppers on the ends of crutches, they make the same thing in black for stools etc,,check out home depot for some that might fit. Just a thought for you (they come in a 4 pack) and you'll have spares.