We have one lab with mirrors but all the others without and won't make anymore with mirrors.
The original one with a mirror was built not particularly because it was needed from a research perspective but more because it met the expectations of clients for what a research facility should look like - and in the commercial world this is (unfortunatley) important. This was 10 years ago though and since then we have massive plasma screens, projectors, and eyetracking to wow them with so they can see superficially where their money is going :-)
There are several lists of research facilities that won't accept labs/studies without the dreaded mirror-glass - get with it guys.
My advice for your facility:
Invest in good cameras (ideally pan, tilt, zoom - but static can be OK too) - hide them if you can
Invest in good big tellys (very cheap these days)
Invest in good microphones, amps and speakers
Test your sounproofing or make the obs room remote from the moderation room (observers can be loud)
Invest in good coffee and nice refreshments for your observers (this is surprisingly important!)
most importantly though - make sure you do a good moderation job - put your participant at ease etc. etc.
Jon