I am in the process of rebuilding a 25X25 basement layout and currently in the track planning stage (again) with various other parallel activites including trying to decide on a signaling system. I am not a railroad man so I do not know the intracacies of all of the available and practical signals, but I know enough to know that I want block detection and switch position signaling. When I say block detection, I mean I want my train to correctly reflect when it is in a given block or section of track.
I have already purchased an Atlas switch signal 6931, a non-derail circuit, and a Z-stuff block signal detector (DZ-1011) to play around with them, check the quality and ease of installation and basically just get familiar with the wiring. Unfortunatly, I am stuck on the non-derail circuit at the moment, but have come across other interesting choices for signal systems. I saw the MTH signals in the Black Diamond railways video as well as Z-stuff. Z-Stuff good, MTH not so good. In the latest issue of OGR, there is an add for NJ International signal systems. They have brass signals in various prototypical designs, are brass, and look very reasonably priced. But up until a few days ago, I never heard of them. There is of course Z-stuff. I haven't opened the package yet on the DZ1011, but the package feels extremely light, kinda too light for 2 signals with motion detectors. Of course the only thing I have to compare it to is the Lionel 153IR Controller.
I really like the signals that have the intermediate yellow as the signal is moving to or from red/green.
Anyway's I could ramble on forever. I am heavily invested in Atlas track if that has any bearing on your suggestions.
Mike