You mean to replace the chain link? Yes, a nice 6 footer wooden stockade would give a ton more privacy. Just make sure you alert your neighbors first, that way they have nothing to complain about when you do it. Our neighbors threw up an ugly chain link fence without asking us first and we still aren't too pleased with them.

I'd recommend Ideal Fence right near you, especially for DIY. They were friendly and moderately priced. The guy offered me more how-to advice than I knew what to do with.