14g wire vs. 12g wire for residential?
I purchased a home just four months ago and determined that the basement needed to be almost entirely re-finished. This entailed pulling down all the paneling, the 1" R-3 'insulation' and furring strips behind it, framing out new walls, putting in insulation,etc.
I thought it was a great time to replace all the old wiring, including adding a few new plugs (okay a lot of new plugs) and lights. The original work had very few plugs and the electrical work from the basement was tied into the upstairs, putting much of the work (with 12G wire) all on the same 20A breaker.
I've been learning how to do my own electrical work (And I find it fun! And I'm not scared of burning my house down!) So far I have installed a bank of wall lights wired to a 3-way switch, 8x can lights wired to a 4-way switch, at 18 plugs, and one set of 4 can lights wired to a single switch. But - all with 14G wire. I'm specifically tying the wire into a new 15A breaker in the panel box, and making sure that I don't overload them (max load is 8x 65W can lights and 4x plugs). All the wiring is going into two bedrooms, a bathroom, and a family room.
The problem: I've had two 'specialists' at the depot-type stores now tell me that I'm making a 'huge' mistake by wiring my basement with all 14g wire.
The first guy I talked to made some off-hand comment about how all the 'good' homes are wired with 12G wire. The last guy I talked to (at Lowe's) said I couldn't run a computer, a stereo, or a microwave off the 14G wire. While I can maybe see the last one (though I'm curious as to why I want a microwave in a kid's room) is there any truth to the rest of it? I am halfway done with my wiring and I could re-do it all I guess, but I'd really rather not have to.
Am I really making a big mistake?