Installing tongue-and-groove (aka TG) boards is a fast, inexpensive way to panel any ceiling or wall. You can install TG over bare framing, drywall or plaster, so its a great cover-up for an ugly ceiling.
Have low ceilings but want high style lights? Here's the ultimate list of flush and semi flush ceiling lights for short ceilings and even shorter budgets. Ditch the builder grade lights and upgrade your home.