Our updated "must-have" items highlight new categories and spiffed-up versions of classic registry staples. Look it over, and then decide if you really want a toaster oven—or something way sexier.

Food Processor
Far from the clunky brown ones that delighted your mom's generation, this petite appliance frees up counter space but can still chop and grind like a champ. Plus, it comes in six colors.

Cuisinart 3-Cup Mini-Prep Plus Food Processor, $39.95, Sur La Table