Preparing for the next phase

We have ordered the reclaimed wood flooring and NEW windows for our future living room.  Now we just need to pick some paint colors, and you guessed it, a light fixture!  I have been debating whether or not to get a medallion for the center of the ceiling from which to hang the light fixture.  Let me know what you think about medallions.

Also, let me know if you have a favorite paint color in the palette below.

In the meanwhile, I'll leave you with some room inspirations from my new favorite design web site from Belgium!  http://belgianpearls.blogspot.com/