My shop is a converted two-car garage right off the kitchen - very convenient!  I put in a radiant floor heated by an on-demand propane water heater, with dreams of going solar someday.  I need more room for lumber storage and finishing, but for now, it is a cozy, comfortable place to work.

Tools

I will not give an exhaustive inventory of my tools, but here are some of the highlights:

Powermatic 66 table saw with Excaliber sliding table and overhead blade guard.  I also like and use the removable Biesemeier anti-kickback splitter.

Delta 18/36 drum sander.  I used to have a Performax 16/32, but replaced it with this one when the housing cracked due to an errant rubber cleaning stick.  They each have their pros and cons, so probably come out about even in my book.

Felder FB-540 21" bandsaw with 14" resaw capacity.  This bandsaw is a joy to use and a real step up from my old Delta 14" with riser.  

Felder AD731 12" jointer/planer combination machine.  This was my midlife crisis purchase and I wish I could have afforded the 16".  This machine gives amazing results on the often very difficult woods that I use.

I have a homemade router table with an Incra jig attached, which sees frequent and appreciated use.  I use a Bosch variable speed plunge router, with springs removed, in the table.  It has a very useful height micro-adjustment method.

Makita 10" sliding compound miter saw with the little light attached.  This is a nice tool, but I wish someone would come up with the perfect dust collection system for these things.

Also, there is a floor-standing Delta variable speed drill press.

All these tools are hooked up with the Ecogate automatic dust collection system to my Oneida 2hp dust collector.  Ecogate opens the blast gate and turns on the dust collector when it feels the vibration of the motor of the tool that is turned on.  This system was an excellent investment for many reasons!

I have a reasonable and useful collection of hand planes, chisels, Japanese saws, scrapers, and various other assorted items.

Store bought jigs that I find useful include the Leigh jig for dovetails and mortise and tenons, the Micro-fence with circle cutter for my Porter-Cable or Dewalt routers, and the Jointech Smart Miter, sliding table for the table saw.

I use the Tormek sharpening system and really like it.  I also have the requisite collection of water stones and diamond things.

I keep my vacuum pressing system in the house due to space constraints.

Oh yes, and most important of all, the Fein vacuum cleaner!