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Open concept for sure, great for entertaining (as long you can create a proper foyer/entrance-way). I agree you don't want everyone walking right into the kitchen. We came from a place that had a corner kitchen with doors to get in. It really sucked and felt claustrophobic. Super awkward when we had guests over for dinner. In our townhouse here, the open concept kitchen/dining/living was one of the biggest selling features for us. For regular nights we could watch a bit of TV right from the kitchen while preparing dinner, and when we entertain, the dining room is right there, and we have the home theatre system for music.
Personally I love stainless (with the right grain and design features), versus white stuff, but it has to be carried through from cabinet hardware, sink, etc. Mixing and matching never looks right (with the exception of dishwashers, its nicer when they just blend into the cabinetry).
What sort of colour are you thinking for wood floors? Depending on the feel you want, the colour of floor will have an affect on other colours used throughout. I tend to not like really warm colours, so I am not the biggest fan of really amber looking oak (for example). If you paint white walls, the orangey floors will make the white feel more beige than a bright white. In our last place we picked a medium brown that was a bit more subdued and neutral (not super rich or dark brown) and it worked well with whatever colours we decided to put on walls (and we had a purple, orange, yellowish/green, charcoal and white walls throughout). Also, satin finish FTW!
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