I think one has to examine one's cooking habits. I also have limited counter space.
I couldn't live without my microwave -- use it for cooking single portion stuff I have frozen; steaming veggies, melting chocolate -- popcorn. I probably use it at least once a day.
I have a toaster oven which I stick away and haul out occasionally just like I haul out my large Cuisinart occasionally.
Sometimes you can think outside the box in terms of storage as I have rarely used items stashed outside the kitchen -- really depends on one's day to day usage.
Some days I pray for Silence, Some days I pray for Soul,
Some days I just pray to the God of Sex and Drums and Rock 'N' Roll.