1-Get the shelving unit into the closet so that all this stuff has a place to go.
2-Paint the walls
After we know for sure if it's a boy or a girl:
1-Stencil/word art the walls (Gears or flowers)
Here is my latest find- The Baptist Church by our house had a Children's consignment sale last weekend. I found this "Boon" brand frog that hangs on the wall for bath toy storage (it's back is a removable scoop for fishing out toys) for $3! I saw one at Babies-R-Us for $30! What a deal!