I guess on a serious note.. From a wall coverings perspective, what do you plan to use your walls for? Some advertising items / posters, or all tools, or whatever.. that will help you decide if floor to ceiling cabinets are necessary, or if all pegboard might make more sense, or some combination .. In my small 2.5 stall garage at home, I have a lot of peg boards (maybe 30' x 4' wide) with a lot of bare drywall covered in various other items like fishing pole rack, advertising items / wall hangers, and some practical items like air compressor FRL station, wheel barrow storage hanger, long handled tools rack, etc. So maybe a bit of planning this way would go a long way to figuring out what you want to do with the walls from a covering perspective..
Behind my pegboards in my basement workshop (~50'+ lineal feet of 5' pegboard, I have unfinished drywall (I mudded and taped the joints one time and / or covered them in furring strips of 1x4), with the lower 3' or so finished drywall with paint. In the garage, there are peg boards over open wall studs and some over drywall (like the photo above).
I know a lot of folks like the OSB because it allow you infinite ways to set storage solutions in place without a lot of worry about where the studs are.
Lots to consider I suppose..