Now I understand where you are headed. My suggestions will not be matchy matchy and are pretty eclectic in nature. So, hopefully you will get some ideas you may not have thought about. Let's start with the DR. Drapes: I like dramatic so, if the rug has bronze that would be my first choice though there is nothing wrong with gold. I like plain simple drapes. I think drapes like blacksplashes should not be a focal point of a room when you have other beautiful things going. They should help frame the room like the color on the walls do. You may not need pinch pleated drapes. It would save you money not to have the pinch pleats. You need to decide if you want to run them from ceiling to floor or with a rod (I saw some beautiful rods at Calico Corner's. I think JCP carries Kirsch hardware also) above the window not from the ceiling. Dining table: I notice most people select wood to use with oriental rugs. I am working with a designer for my family room and breakfast nook and he just taught me a good lesson: Print rug-glass table, solid rug-wood table. He said you want to show off the beauty of the rug at all times from every direction. They do make some very large glass tables that you can use with 2 wooden pedestals for support or a great square base. If you are having a lot of guests for dinner like Christmas than you can add a folding table and use the same table cloth. This is just a suggestion. You can use wood but I always like to share new knowledge when I learn something. I still like crystal for chandeliers in dining rooms. In this case I would use crystal with some funky lamp shades to add a little fun into the room. You may find these at Home Goods or on line. I would try leopard for shades. It's hard to visualize if this will work without actually seeing it in person. Maybe someone will photoshop. Do you know the size of the table you want to use? I also think you may be able to find dining room chairs on ebay or a used furniture store that might be in decent condition or you can buy them new. Remember the chair wood does not need to match the wood of the table. There is more interest created when they don't. Here is another idea for chairs: you can used entirely different ones for the head of the table. Actually, I am pretty good at decorating eclectically. My friends are always looking for my eye. The designer I am working with always says to me "what do you need me for". Well, he is a great buffer between me and my BF whom I share my new home with. He has made my life so much more easier and is worth every penny. I am also learning alot about decorating from him.

Thank you all for your suggestions! @Enduring I definitely can push the TV back on the stand. I don't think I have enough room to allow the back of the sofa to be a walk way. @Immcnitt I like the idea of a console table. I'll see about playing around with the layout over the next few days. I agree with the chair in the corner, it is a bit odd. I do think the layout is TOO open now and makes the table look far to small. Hmm. @Jamie Our ceilings are too high, would the new lighting need to be shorter? @Jamie I would love a new rug in the living room for sure. I hadn't thought about a rug in the dining room, maybe that would make that space feel so open now.

Just found this on a design blog; they paired the Sven sofa with traditional style chairs. I think it works. They even used the exact same media console I was looking at, and the fireplace looks very similar to what I'm aiming for with the remodel.

No, I don't think it would look awful. I love big art pieces. The important thing though is do YOU like it? It's your home and it's important that it please YOU. Looking at your picture, I'm wondering if the art above the sofa isn't a tad big for that wall. (I really like it, btw.) Usually, the eye appreciates some breathing room around art. If you have painter's tape, try taping out that canvas' size above your couch and see just how much wall it covers. That might help you visualize its negative space better. Good luck and enjoy the process!