Wow. Thanks for all of the replies. Keep em coming. You've given me some good ideas. I'm adding these things to my wish list:
1. Dedicated power line.
2. Outlets on ceiling or near ceiling.
3. A gumball machine (wife's idea).
4. A 40 ounce bottle of malt liquor in a wall box, labeled "break glass in case of emergency"
5. Dimmer for lights.
6. A skybox! This is perfect! I would put a kegorator or bar down there, but I'd be a hopeless drunk with no job in 3 months. "It's so good, when it hits your lips" <Frank the Tank from 'Old School' voice>. The skybox would allow for an assortment of beverages, including beer in portions that would be manageable / keep me gainfully employed & married. It'd have a Buffalo Bills logo, in case anyone is wondering. I'm a Bills fan living in New England, God help me. Go Philly!
7. A small hoop on the wall for my two year old son.
8. Recliner.
Addressing points others brought up:
- My house has a two car garage under, so this is the other half of the basement. It's the main entrance to the house for us and for guests. Seeing the reaction of first time visitors is fun. It ranges from "OH MY GOD! YOU HAVE AN ARCADE GAME AND SKEEBALL MACHINE!" to looks of total puzzlement, to people who completely ignore them (I don't get those last people at all).
- We're going to open up the wall under the stairs to the first floor and the room has a bump out the size of a closet that is under our fireplace. Those two areas will be used for storage / entertainment racks, etc.
- A jukebox, Dart game (the arcade-like ones you see in a bar), popcorn machine, sno-cone machine, and bubble chexx hockey game are all on the extended wish list now. Sadly there isn't enough room for a pool table with the things I'll have in there.
A stripping pole? My wife is cool, but she ain't that cool.
-Jagnogg