Feel free to do what works for you. I probably would, but I can't imagine most anyone rolling out cat5. Heck, my parent's place was installed with cat5 to each room, but I doubt I'd have them bother with it to install multi-point wifi.
The first thing people seem to go for are wifi repeaters, which seem to be terrible overall. I tried to setup/troubleshoot one at a friend's house and it sucked. When it did work, there was significantly more latency and the throughput seemed lower.
I've heard pretty good things about the power line devices and have suggested them in certain circumstances, they just don't seem to have caught on widely.
Mesh networks use a proprietary second network to address the problems with wifi repeaters. It sucks they're all proprietary, but from what I've heard most seem to work fairly well. I wish there were more with open standards and I'm not a fan of sign-ins.
Honestly, for most people upgrading their router to something relatively modern often extends the speed and range enough that other routers aren't needed.