Laminates (like Pego) can't be refinished because they're like formica. Some wood floors (veneers laminated to a substrate) can be refinished but not as frequently as solid hardwood. Laminates are good in kitchens if you have a bunch of kids and animals and want the look of wood. Wood floors with today's finishes work OK in kitchens, but require "taking care of"...may not be the best bet if it gets lots of traffic and you're not up to lots of upkeep. I copped out on my remodel. Laminate didn't give me the real wood look I was looking for...I'm a purist...and I did not want the maintenance of the wood because I have kids, dogs, cats, etc. I went with stone look ceramic. A really nice feature of laminate floors is that it's not permanent. It floats above your existing floor and can be easily removed. Hope this helps.