Living Room Planning - Help Me Choose!

We got a little unexpected addition to our family over the weekend - not a baby, not a pet, but a... sofa! Almost as exciting as a baby or a puppy, right? Right??

I don't know what little golden light was shining over my head last week, but first I found Serena & Lily wallpaper at Home Goods and then this sofa from Ballard Designs popped up on Craigslist.

I thought it would be a year or so until we bought a sofa for our living room but this one was such a steal, I jumped right on it.
I just talked last week about my utter inability to keep laser focus on just one project at a time, and here I am again, brainstorming the direction for the living room when I have about half a dozen projects hanging half-done.
I'd love to get your input on the direction of the room, though. I've been playing around with some different fabric combinations. The room will have the Ballard sofa, two French-chairs (one Bergere, one wingback - both vintage and in need of new upholstery), and another matching pair of chairs, style to be determined :) I'm picturing something with an English roll arm.
These are just some initial thoughts, and I think I have a favorite out of these options already, but I'd love your input.

Are you feeling any one in particular? Any fabrics you just LOVE that you'd recommend? I tend to start with a colorful fabric and pull the accent colors from there.
I can tell you one thing - I am dying to start ripping chairs apart and reupholstering!
Deep breaths...