My Shop is almost (re)done

6 Days of cleaning and organizing, I finally got the new lathe to fit in. Not well, but in. I built a tool holder for the lathe that mounts on the table behind the lathe and high enough to reach all my tools. I thenb moved the lathe near a wall and mounted the rest of the items I have on some pegboard behind it.
After my wife asked a few questions about how I store stuff, I decided to ask all of you this question.
How do you prefer to store your tools and accessories? Open racks (pegboard like)? Cabinets? Tool Boxes?
I have found that I am not a big fan of cabinets, tool boxes or tool bags. I like my tools out where I can see them and get to them quick.Not through need, but I seem to use the right tool for the right job more often and spend a little more time selecting the tool than I do looking for it. So, I have a LOT of pegboard and just a few cabinets, and my main cabinets are either open (no door) or have a glass door. Yewsterday I spent about 2 hours figuring out where to mount some of my Pinnacle and Starrett measuring tools and now I am looking for an effective way to store some items like my Incra and Veritas gauges, dovetail gauges, marking gauges, enginners squares and one of those combination squares with 3 different level devices.
I do have some drawers that I built that are under some of my larger tools, 3 drawers under my router tablke to hold router associated tools, under my high speed grinder for nothing since it is usless, under my carving table for carving wood storage, etc.
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