Daughters negotiated me giving up the basement so they can have more social room in exchange for one of their bedrooms for my train layout. I'm on about my 4th or 5th go-around, and I'm not a scenery guy. I like running trains, moving them on and off sidings, and running my accessories. I use O27 tubular track and switches but I have mostly 42" and 34" (old Marx) curves. Very little 27" curves.
All of my engines and rolling stock are capable of navigating 31" and 27" curves.
I'll have about a 9' x 10'6" space to work with. I'm trying to avoid running plain oval loops, but am worried about that the S-curves in this design might create a lot of derailing (stringlining, I think, is the term).