Well....we did it. One room down, several more to go. Here is a look at our weekends work:
This canopy crib was mine when I was a baby. 
This is my favorite detail of the room - green toile ribbon that I tied to the finials of the crib. 
The finished product.
The only change remaining is to replace the four poster bed with a bunk bed for the two older children, allowing Elisabeth to take over the crib. This will happen as soon as I am willing to let her leave the cradle at my bedside.....it could be a while.....
