When we bought this house, we knew we wanted to take out the wall that divides the living room from the kitchen. We saw a neighbor do it to his same-style house, and loved the results! It took us a while to get up the courage to attack the wall though, because it leaves us with very little wall space in the kitchen...don't worry, we have plans to improve that!
We already knew this was a load-bearing wall, so after a friendly neighbor helped Roger gut the wall, we hired a contractor to put a solid support beam recessed into the ceiling. Recessing the beam will allow us to have a smooth ceiling transition into the kitchen. We still have all the finishing to do.
Here's a link to the pictures of us tearing down the wall.