This stuff will now go in the basement is there a window in that space in the basement ? The light fixture is an easy change maybe even something a bit of fun for a baby's room

You select the light last, when you have a PLAN for the nursery, the look and feel you want for the nursery. It is nothing more needed than an electrician, or handy man and UNTIL you have your mood, your look for the space ? It is a buggy in front of a horse question: )

Agree with choosing the light fixture last. Do you have a rendering of the room design to post?

Choose something without exposed bulbs. Maybe something fun like below. Definitely have the light on a wall switch with dimmer near the door.

With that beautiful vaulted ceiling, I’d definitely make the light more of a feature. The current fixture feels a little small and gets visually lost in all that ceiling height.

I’d look for something larger and more sculptural that really takes advantage of the architecture of the room.

I recently put together a video showing 8 very different designer pendant lights in actual interiors. It might give you some ideas for different shapes and styles that could work with a ceiling like this:

https://youtu.be/nKEcEzpYHhk