I have an unused family room in my house that I have been thinking about converting into a dedicated music room. Ha, as other have said, I can only go so far in my current room before I start getting push back. For example, I've received a little pushback on acoustic panels. They need to be "art panels" that look "nice". This is not a real issue other than "art" panels cost significantly more. Also pulling the speakers out more, which would be beneficial, would make it difficult to walk through the room.
For me the real issue with moving the music equipment upstairs is lugging it all up the stairs. Taking a speaker that weights 110 pounds isn't a one man job! I may pull the trigger on that idea though, as I could do anything I want up there.
@ghdprentice Good call on doing one thing at a time. I'm very guilty of doing many things at once and then not knowing what exact item caused the improvement. This is more an issue with my boat but I can see me doing the same thing here, now that I've decided to finally it get a 2 channel system up and running.