dinning table in living advice and experiences neede

[mothersmilkandherchickenseggs]

so we have out grown our breakfast table in the kitchen and have finaly reached the decission to put a propper dining table in the living room (obviously we have no dinning room) now it is a large room at the moment we have a 5 seeter and 4 seeter sofas and a puff, coffee table, large 3 door dresser and kids toys still with plenty of room there is a back door and floor to cieling windows to the garden. Right the idea is we are getting rid of the dresser in favour of a smaller taller bookcase with drawers and will have an extending table with four chairs then 3 more matching chairs in kitchen (with breaky table) and 1 more chair for the computer area that makes 8 probably the max number we'll need for friends family ect does this sound like it will work? i am abit dubious about it all but i'd love to entertain more and fit comfotably round the table and this seems like the only way. How do people get on with dinning tables in there living rooms?
thanks

i HATE having a lounge/diner.
food gets everywhere. gah

if your children are older than mine you'll probably be ok though