Beadboard wallpaper has a few pros and cons...
Pros of beadboard wallpaper: It's easy to install since it doesn't have a pattern you need to try to match up. You can also paint it whatever color you want to match your decor. I've thought about painting mine a dark moody color to make it feel a little bit more modern. And it's about $20/roll which is an amazing price.
Cons of beadboard wallpaper: It's thick...which means you need to use a very good razor/utility knife when trimming your pieces. Also, it's just paper so it will dent and possibly tear. With that being said, I had applied it in our previous home in a pretty high traffic area and it held up pretty well. I did repaint it a few times to help hide any dents and that seemed to help.
For my project, I was going to use one of the cons to my advantage.
I needed a thick wallpaper to cover some imperfections in my wall. And when I say imperfections, I mean an old unused washer hookup, a few outlets and damaged/sort of repaired dry wall.
When we moved into our current house the previous owners had a washer and dryer hookup in the mudroom and in the office (sore subject). Anyways we ended up moving our washer and dryer into my office and I was left with this wall in our mudroom