I would go with a good microwave oven (yes, 1,000 watts, and a turntable) and a toaster oven. You can broil meat in the toaster oven, make (duh!) toast, bake potatoes, biscuits, etc. With the right microwave cookware you can do a lot more than reheat in your microwave. You can even make a cake in there (with a box mix), and it doesn't even need oil! Now, if you want to bake cakes, pies, etc. and roast chckens, etc., you may want to go with the microwave/convection oven.