Sounds like you are well on your way. I will be interested on your bandsaw. I will be in the market for one in the coming months. Keep us posted on the shop progress as well as project coming out of the shop. Welcome to LJ's.
It looks like you have a nice start on your shop. It certainly has plenty of potential and you have a decent of tools to start with. I am sure that you will enjoy the bandsaw. You are getting a good one.
Your shop looks something like mine in that you have to share space with garden tools and other household items.
With the long weekend and gas prices being what they are, decided to stay home this week-end and work on the shop some more. Made some good progress in breaking (zoning) the areas out and getting things better organized. Here are some pictures; getting ready to bring the pegboard all the way around the other wall and will build another "high" shelf for those seldom used items (that I don' want to part with yet )
More to come and lots more work planned on this space.