Updated Pic:

We moved into the house about 8 years ago and the basement was already finished. It was an excellent deal. Only 2 problems:
1.) instead of a hung ceiling, it's drywall with popcorn on it.

So, I can't get to any of the mechanicals.
2.) it was chopped up into a sizable rec-room and 3 tiny other rooms.

So, since my teen has been living in one of those tiny rooms (her room was 10x10), and my office was just a place where she chilled and LOLed and OMGed on facebook, we decided to combine the rooms by having the wall and closet removed and having an arch put in. Since it was load bearing and I didn't want to pull a permit and don't have the equpment for a load bearing basement wall, we subbed it out. It turned out really nice!


Here it is finished. Pretty much in decorator mode now. I'll let the chix handle that.

Reverse view back into the bedroom part:

So....during these discussions....I mean debates, the executive branch (wife) was up to entertaining taking out a worthless 9x9 room that we'd had our treadmill and gym in and including that extra 130 sq. feet (including hallway) into the rec-room and building and arcade/billiard basement with a little TV area for the kids. Having it included in the other construction was carefully considered, but being DIY king of the neighborhood, I decided I'd save the extra $1000 in labor and just DIY. So, first was demo days. IN 2 days, I managed to get the walls out of the way (these were deemed non-load bearing by a certified dude, so...)
This orange wall was the easiest, since it only had one outlet facing out. It was also the wall that you saw from the rec-room area:

This wall was a bit more tricky since it had a circuit that powered the fan/light/outlets in the room in a ring circuit. I also found out that this circuit powered a small room under the stairs with a couple of small florescents and an outlet:

Looking out from the old office/bedroom, you can see all the drywall out:

End of demo-day 2:

The area that is exposed will be a TV room area with a 42" LCD on the wall, the Wii and the Gamecube. There'll also be some shelving (I might do built-ins) for the kids crap. The carpet will be ripped up and I'll be doing 12"x12" black and white tile just in that old room's footprint to optically break it up from the rest of the rec-room. Then, we can move all the unused baby toys and broken crap to a dumpster and start working on saving for a pool table, pinball and move the arcade in there. MINE! MINE!MINE!MINE!MINE!MINE!MINE!MINE!
Now, I had to relocated the romex runs that fed power to the fan/light and the rest of the circuit. So, I fished new romex over to the single gang box that had the 3 way switch in it for the hall's can-light, connected all of them in a metal dual gang box for code spec and placed it all up inside the newly exposed mechanical throughway in the ceiling:

The metal box is facing out with a cover on it. When I re-drywall the mechanical throughway, I'm going to put a large return vent there so I can just pop it off and get to the box. Also notice the closest switch on the wall no longer has 1 switch, it has 3.

All circuits have been tested and everything is working perfectly.
This project will go slow, purely based on the scope of it, but I'm going to start the drywall tomorrow.
AJ