I am with the few that don't like them to be painted. I've seen too many that were sloppily done, and/or obviously had many coats of paint applied over the years. Painted ones tend to be more difficult to dust, because the paint used is usually the eggshell or flat wall paint, not glossy in the same color as the wall. However, since yours are already painted, I would say keep, or paint, them the color of the wall and not change them to white. Painting them white now serves no purpose.

So interesting to think about the implications of lighting - I will definitely have to play around with different bulbs! Gracie01, the art is actually a 4 piece panel (antique, Chinese, gold w multicolor cherry blossoms, birds, etc) I agree that's not showing as such on the monitor. Pillows are gold in same fabric as chair on opposite wall. Second set of pillows has a creamy background with green-ish geometric pattern - again, absolutely agree it's not appearing that way at all through these pics. I'm realizing that part of my issue is that I never really wanted yellow walls to begin with, and sort of let the painter (whom I actually think is great) influence the decision to do this Greenmount Silk. I'd actually prefer something like a BM Gray Mirage at 50% or so...as it is, the blue against the yellow still looks garish to me. I don't want to change the window treatments, unfortunately, as they were custom made for this space, and price-y. I really appreciate all of the helpful suggestions!

I suspect the paneling above that appears to be on an angle, is a bulk head for something, and I would be very cautious, trying to remove it. It may hold plumbing pipes, or it may hold ac vent pipes, etc. I would paint the walls all to match, but, leave the wood on the slanted ceiling part. I would paint the bookcases white too (different sheen, but, same color white as the walls), but leave the mantle like it is.

I hate to see people spend money to replace what is the ;eat offensive issue. If you love that pink good for you but IMO it is horrible . I would like to hesr form the OP He wants to replace the flooring for god's sake how can that be done without dealing with the rest. IMO the floor is the only thing worth keeping. I need to understand what his plan is . I respect that people can't afford big changes but flooring is abig change to wnat ot do with a ton of really dated stuff. As usual your opinion is just YOUR OPINION. And in this case YOUR OPINION was not asked for! The OP asked what to do with the floors and walls. Pal came up with the same solution I would have suggested. And just because YOU DON"T LIKE IT, doesn't mean other people agree with you.