Do you have one of these?
Microplane Grater: grates chocolate and parmesan and citrus zest! Makes these beautiful cloudlike piles of parmesan cheese, and my 9 year old loves to use it.
Butter Bell: keeps butter soft and fresh at room temperature for a long time. We love it because it solves the dilemma of having to choose between hard butter that rips holes in your bread or soft "spread" that isn't the real thing.
Forschner knives highly rated by Cooks' Illustrated-and much less expensive than the brands you normally encounter at high-end cookshops. We have the paring knife and the chef's knife, which cost about $30 total and are fantastic. Made by Victorinox, the Swiss Army folks.
Garlic peeler: simpler rubber tube. Cheap, effective, fun for the baby to play with.