Ignore the wainscoting. This is always the way with home improvements -- fixing the worst thing makes the next-worst thing look more awful. The kids are at work removing the white press-board panelling as I type. Not sure what we'll be doing with the walls yet. Everything is a work in progress.
The floor has now had the sealer oil topcoat apply and the colour has come up beautifully. The floor is just soooo lovely.