I think my vote is for the smaller fixture. The larger one is nearly as large as your window (if I read that right, it's 44" versus a 48" window). Also, if you center it on the window, you're probably going to be viewing it mostly from an angle (not dead-on) from the outside, so if the fixture is too large, I think it would look like it's overwhelming the space. Just my two cents though.

DM, I tried everything I could think of to embed your photos here and nothing worked. Sorry. Snapfish doesn't seem to be set up to posted photos on forums. Too bad. Do you have a photobucket account? They are very easy to use and you can even share clickable thumbnails. They seem to have every kind of code you'd need to post anywhere that I've ever wanted to post to. As for you entry. I love the table! That is one gorgeous piece. It seems to have been made for your home. The table runner is awesome too, but it could limit you on art selection. Once you get a large piece of art on the wall I don't think the lack of wall color will matter. This way, as you both want, the features of your home along with the decor, will be the show piece. You won't need color on the walls to "make" the room. As for wall art, what about making your own? I know you don't like to paint walls, but.....? There's so many other ideas for DIY art too. You say you thought about horizontal wood. Why not do it as "art" instead of the whole wall? I just bought a square coffee table for three ninety nine at a local thrift store and if Restore a Finish does it's trick, I might just use the top for art. This picture is really terrible, but it has burled and parquet wood veneer. Check thrift stores for large works or art or mirrors with or with great frames. If you don't like the art just use the frame. My brain is slowing down. I need food. Good luck! It's good to "see" you again.

And in Sarah Susanka's books, somewhere she mentions such a situation. And her approach includes the option to add a piece to the ceiling which defines the small area devoted to the entry. You put the special flooring down, and it is also good to define the entry CEILING as well. Especially if you can add lighting there. In another of the HOUZZ idea books, they had a square open back shelving unit which they placed instead of using the sofa as a traffic director. The spaces were squares and they added nice baskets to many of the spaces. If you do shelving there, and the room is small, keep the shelving without a back. Unless you make one end of it the area for a coat "locker",,,,,in which case it can become a "mudroom." I don't think a formal console table would be appropriate in the kitchen area, but a piece that looks like a console, but suited to a kitchen, would be great. It might also serve for both recyclables such as paper recycling stuff and then winter boot tray, and a shelf above with hooks for coats or dog leashes or hats and gloves. It would be very useful if a butcher block top and wheels, so you could use it for a rolling island in times when guests are not coming over. The type of entry that OldGardener describes for her sister is the solution we have in our Cape up here in MA. The living room is small to begin with. So I put this loveseat perpendicular to the front wall, which creates a walkway from the front door past a console table (on the wall opposite the back of the loveseat) and it leads to the tiny coat closet and the hallway to the main bath/powder area. Actually there is only the loveseat, a lamp and small table, and two armed dining chairs beside the black granite fireplace hearth, plus the console table, in this room. We do use the space for quiet chatting with friends and family in a more one-on-one space. We have a huge (12 x 34) family room where there is another fireplace and the TV and a round painted drop leaf breakfast table, with an old sectional sofa....so the living room is a sweet little jewel of a space that provides a spot of calm and semi formality to a casual home.

I don't usually post here, but we put a Moravian star in our lakehouse, centered in the small window above the porch. It is 24 inches wide, and it fits the space perfectly. Here's a bad pic (only one I had) to illustrate it. Frankly, if I were you, I'd put it on your porch, where they were traditionally used. Your double window will obscure much of it, and will destroy the illusion of that window being part of the 2nd floor, making a more contemporary exterior appearance of a 2 story entry.