Any phone (Cat5) wiring experts?

Ok, I've stopped reading after the cat3 comment and stripping etc.

I did cabling for 2 years and never will use cat3 for anything again. Use cat5e as it will provide more ability for expansion. Too much for a home? Yes, but so is realizing you want something better down the road. I've never had to tear out cat5 after running it but I've had several times for customers, had to pull out cat3 and put in cat5 because of one reason or another. I didn't see the pictures but I'm assuming you have a punch down block, should have 4 spots per row. Use the left side for your cat5 and the right side for your incoming phone line. The red/green pair is your active line from the phone company and the black/yellow or black/white is 2nd line if you have one. You'll want to connect the red/green to white-blue/blue and the black/yellow to the white-green/green. Ok, I think I just realized you're using a 110 wiring system and I'm referring to a 66 wiring system. I'm also used to commercial, not residential, but I have wired a few houses using commercial setups like this and they've worked out wonderfully.
I do agree with excuzzzeme that with a punchdown tool, there's no need to strip wiring. I'm actually working on recabling the building where I work as I type this.
 
Thanks for all the replies, I think this should be pretty straightforward (which I originally thought it would be!) and I will be tackling the project at the weekend.

I technically don't have any incoming line from the phone company as we will be using VoIP. Hopefully I can be posting a reply to this in a few days saying it's a success.
 
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