Alex,
It seems we are traveling parallel paths. I too started to dismantle my layout right after a magazine and video feature. Had a sump issue a while back which got the basement carpet damp so I decided to tear it all out and start over. Total update of the layout room..new wall to wall carpet.. track lighting to go with the recessed cans.. about another 100' of RailRax to put up...
Now I can follow you for inspiration... it's pretty exciting!