OK, no canary. You've done a lot right in this room. I love your color palette, and the distressed cabinet, and the wicker chairs. The sofas are great, too. But a few things here are simply wrong: the coffee table and the rug, for instance.

I've replaced your rug with one in a deeper blue. It's from Pottery Barn. The art over the cabinet is from World Market, as is the hammered metal coffee table and the carved wood end table between the sofa and loveseat (which I've squared up). The photos from the mantel can go in the empty cabinet, though I've kept the largest one and added two mercury glass candlesticks. A tall palm in the corner and you're finished.

I also painted out the vertical part of your tray ceiling. The contrast is too much of a distraction. Keep the eye down, on fireplace and TV where it belongs.