Sure would not take much to "total" a MD88. Figure parts are cheap, but if both engines come off figure that would render the rest "salvage" in short order. Guess the upside is that it could not have been hurt that bad if they are repairing it.
Most hail will not do much damage, it is heavy enough to get spun out the bypass ducts. What really tore up Southern's DC9 was getting water in the core, which it could not be compressed.
There are a ton of used serviceable 737 and Douglas parts. Unless the part numbers are specific to the "88" or NG they can be had very cheaply.