Seems you guys think I need to clean up that old wall (except Don, he has his own ideas..

), I don't see why I would need to do that. As you can see it has a very solid 1x10 frame that is somehow fairly solid.. I am still liking the idea of installing the frame, drilling four 1 or 2 inch holes in the side of the frame, then follow through with 3 or 4 foot deep concrete drill through the holes in the frame, pounding in tight fitting steel rod, tacking it at the framethen adding mortar/cement to keep it from wiggling.. I will clean that hole up if I have to though.
I don't want to go too overboard with work, there isn't too much in here to get at, besides, a thief with half a brain and a bit of determination will just go through my bedroom floor anyways. For that reason I am considering hiding the doorway by extending the pine wall you can see on the left side of the door going down the stairs and using a form of illusion to assist in the security of it.