Welp I did it, fearing that I would break the emblem removing it from the Airbag\Steering Wheel; I masked the interior of my car and plasti-dipped the Chrome emblem.
The overspray peeled off easily in the Toyota's "T" empty space area , but it was very hard to get the little two middle areas without peeling the entire plastidip off the emblem itself; so I just left that alone.
I like the finish result, though I'll most likely respray it and just leave the plastidip inside T's empty space areas