I have both original hardwood (50 year old plus) which is still excellent and laminate in my bedroom, basement, and at the cabin. We have had comments that the laminate looks like the real thing and it really does. It doesn't look cheap in the least. That being said, if cost wasn't an object (when is that exactly?) then I would go with hardwood just to have the "real thing".
However, laminate does get a bad rap. There are laminate products out there that looks very good. Will it last? I guess, time will tell. So far I've had it for a while and it's lasting very very well.
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