I would be inclined to go with an unobtrusive light since it's the living room and anything too dramatic or a hanging pendant may interfere with your peripheral vision (or otherwise be an annoyance) when you're watching TV, etc. Also, being so near the sliding door, the wind may cause a hanging pendant to swing quite a bit which will cause the lighting to be constantly shifting and changing which I would personally find annoying. I'd go with something simple and subtle, but look at getting a tall standing lamp for the corner near the sofa (or possibly at the other end of the floating TV cabinet). In terms of warming up the apartment, I think you need something on the bare walls. A smaller picture above the floating TV cabinet will help to take the focus off your TV. A larger art work behind the sofa will also help to add some colour and personality, especially if it picks up some hues from your sofa. If you don't like the little Buddha statue, I would look at adding one or two other items that you do like (perhaps picking up colours from the wall art) and making a little vignette. A couple of colourful cushions and a storage solution for the wires, games console, etc on the floor would also help to bring everything together. Something as simple as a woven basket under the floating TV cabinet might help to keep the games console, etc in place unless it is in use.

Wonderful ideas, everyone, thank you. I'm loving that Orion! Not sold on the brass, however, but if I can find something similar in nickle or such, that light would be a great statement somewhere in the new rooms. If there's one decorative aspect my wife and I agree on, it's that we do not like gold/brass fixtures. The first thing we did when we moved in was replace all tapware in the house because it was gold or brass. Julie, I think I might use somethinn like your ideas for the bedroom, very nice

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Thanks for the responses! Do you know if the LED light and the module are interchangeable with different manufacturers? I assume they are compatible with most dimmer switches rated for LED lights? Or is it a special dimmer for that particular brand or model?