Hi Melissa! Mine is coming along slowly, too....or else I just never get it done 'cause I'm always finding a different (or better??) way to organize things!
I moved into the room I'm in now last summer, 'cause it's bigger & has a window! But it seems to be taking me forever to get "settled" in it. I wish I could have one of those HGTV shows come & get it all done in one weekend!! Yah, right!
I've always wanted a pegboard, but never seem to have the wall space for it...or at least any wall space I want to give up so I can put up a pegboard! So good luck with your pegboard project--keep us posted!