Sluggo, i've been watch your thread for a few hours seeing what answers will get.
First let me say, yes you can run both data and phone on one Cat5 cable.
This is why
On your phone you only use one pair for the two middle pins in the RJ-11 connector/jack.
On the data side you use 2 pairs. Pins 1,2 (TX) & 3,6 (RX).
So all in all you'll be using only 3 pairs out of a 4 pair cable. So you can have another phone in a room if you want.
Of course you know you won't be able to have more than two computers networked in a room unless you HR at least another drop, and i assume your trying to us as little cable as possible.
If it were me i would run several drops. It's just simpler, and cable is cheap.
Eaiser to run the cable now, than if you decdie to run it later.
Ok. If this is all ok and you don't plan to add computers or drops in the future then I only see one hurddle left.
When you HR your drops from a room back to the demark(punch down), you will have to extended the data paris from there to your Hub/Switch.
Hope this sheads some light.