And the before for comparison sake:
Transformation is probably a bit of an overstatement for the space. Basically, it just needed a lot of decorating help, and that's what it got. I crafted just about every element for the space (you can find tutorials for all of them in the posts labeled "outdoors" if you're interested), painted some furniture, and added a few accessories to complete my look.
Even though the process took longer than I had hoped and some things had to be changed around (like our hammock that ended up outside), I am pleased with the results. I still have hopes to add a tv to the room, but we're going to wait on that until there's an easier cable solution, so it may be awhile. In general, tough, the space definitely feels more like an outdoor living space (which was my goal) than just a patio. I guess another room can be checked off the list.