I have a room at the entrance of my house that currently serves as the kids' toyroom.

In a year or two, we will change the room over to its intended purpose of being either a living room or dining room. The room is not large enough to be BOTH a living AND dining room - it will have to be either one or the other.

So my question is . . . if you could have only a formal living OR dining room, which would you prefer to have & why?