Our friend John and I spent some time on Labor Day finishing the main ceiling in the basement. I will probably spend the next several months "fine tuning" it - adjusting screws and gluing the joints and we still haven't figured out how it will be finished or if it will be left light - but all in all it looks pretty good and for the most part it is complete.
I also was able to finish the basement trim and the liquor cabinet (bar to be built after we are finished with the bedrooms upstairs). My second attempt at finish carpentry was much better than the last but I still think I'll keep my day job.
I will be tackling the stair finish and "railings" next. We also have a little painting and a soffit to finish above the TV after that. After those items, the basement will be done... ...For now.