We got our floors done in the basement... at least in the kitchen/dining room area.
Nice, huh? It will be so nice to cook in there and not worry about spilling on the carpet. And guess what? that's not wood... it's actually more of a rubber linoleum type stuff that looks like wood. Pretty snazzy, eh?
Also, it makes the basement look a lot more like a separate apartment... especially since the floor helps define where the rooms starts and end.