I changed every vinyl floor in my home to ceramic or stone. It is a bit cold on bare feet, and you do have to watch the children a bit closer, but I think it looks 100 times better than vinyl.
It's not that hard to install, and it won't shrink or wear out. Just watch out when you drop something on it, it may chip.
I think the advantages of ceramic outweigh the disadvantages.
Just my 2 cents.
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