Our guest room has had massive holes in the drywall for months. One hole was made in order to replace the bathroom plumbing, and the other was made to replace electrical wiring. We don't go in this room very often, so it was kind of low on the priority list. Out of sight, out of mind!
I don't think my parents would mind if this room wasn't finished when they arrive, but their visit offers good motivation. Plus, I don't think electrical wiring hanging around your head is conducive to a restful sleep!
Today, Jason installed the drywall panels over the holes and started the mudding process. He had a little electrical dilemma because there were some loose wires in this wall that were not up to code. He would have had to fish out the wire from the wall, which was attached to something somewhere, and that sounded like a big headache. Instead, we decided to just make the loose wires into an outlet! Sure, it is a random outlet in the middle of the wall, but who cares, it's the basement right? And can you really have too many outlets? I think it adds character to the room. Or something.