I just finishsed a IP reno. Purchased vinyl planks to do whole house (except bedrooms). Intended to use in laundry too, but when we got to that bit I found I had no idea how to deal with the drain hole in laundry floor as it was cemented in flush with the floor. I was worried that when I cut a circle (hard to do with a Stanly knife) it would look weird and i had no idea how to seal the edges around the hole.
I had already booked an paid a carpet layer to do bedrooms, so got him to slap down a sheet of rolled vinyl in laundry.
No regrets - it looks fantastic.