Beadboard or drywall on living room ceiling ?

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My living room ceiling has "old"acoustic tile. Not only i it ugly, but it is really starting to sag, with a few falling out. I want to put up beadboard, but not sure if it will stay up without sagging. Drywall is the only other option I have at this point, and taping is such a hassle and it has no character. The studs are on 16" centers. Any suggestions on which way to go ?

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