Here's where it's at:
I decided that from a re-sale perspective, should that day come, that very few people would want their basement wired with 220V all over the place and bench height plugs etc. Therefore I decided to first finish the space as a rec-room with all the appropriate plugs and lights for that. Once it is drywalled I'm going to run the shop power off of a sub-panel with the wires in conduit on the outside of the walls. This way I can tear it all down, patch the walls and no one will be the wiser. Plus, I can take all my expensive wire and breakers, etc with me to the next shop. Who knows if this will ever matter but it seems sensible, plus I can always move plugs if I want to re organize the shop for whatever reason.