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"Ya' gotsta' pick your pize-un" grandpa was found of saying... :(
From the picture it seems to be a funny kitchen arrangement no matter what. Better imo to have less counter space but functional than non-functional drawers/cabinets and that big hole in the corner of the original imo. It looks like it might be more convenient from the layout there as well, or at least no less. The door opening in the middle layout isn't real conducive for traffic around it.
Noise is a possible downside, certainly, but fridges don't run continuously and at least some aren't terribly noisy...
OP will have to pick and choose options vs outlay, but Oren's plan looks at least superficially like a sizable improvement to me...
Almost anything would be given the original, though...I agree there it seems to be an absurd design if the picture OP posted was what really was intended.
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