I'm reviving this old thread! After living with a giant hole cut out of my basement carpet since August, we were finally able to replace it over March Break. (Hubby is a teacher so we needed to wait for his break to have the time to do it...) We picked out vinyl plank flooring and I love it! You *cannot* tell that it's not wood. It feels like wood - it has grooves and texture. It's amazing. I'm loving the clean-up too - just sweep or barely-damp mop.
Sorry for the bad pic but it gives you an idea. (Hubby collects license plates - that's what you see on the wall, haha!)