The intent is to stain it a saddle brown because that's the color of the prefinished engineered flooring sitting in my shop and waiting to be installed. It's the same color as the woodwork in the guest room. Now that I see all this woodwork now I'm a little concerned that it might be too heavy a color. But I'm stuck because of the flooring. One thing I almost certainly won't be doing is painting the room a deep red. That was the plan in the beginning. Karen is pitching a pastel blue. But that's still a ways off.

Technically, a "bolection" is an architectural element that projects beyond the face of a panel. In this case, this moulding projects about 1/4" above the face of those rails and stiles.