I think you can see from all of these choices, the best solution is the one that works for YOU and your home. Just make sure you create an environment that makes you feel creative and excited to work. And while there are amazing workshops online for inspiration, don’t go crazy thinking your work area needs to be a renovation in and of itself! Use bits and pieces of inspiration, then get going on your projects!
Start with ¾" plywood that is twice as wide as the depth of the cabinet and as long as one side and top/bottom. I crosscut the top and bottom off of one end and set it aside. Then, using a ½" dado stack in my table saw, I cut a series of ¼" deep dadoes across the sides. Make the spacing between them uniform so that the drawers are interchangeable. Finally, rip the sides and top/bottom in half to separate them and assemble the cabinet however you please. If you want to hang it on a wall, attach a French cleat to the back at the top and a batten of equal thickness at the bottom.
To my right, I have my sharpening bench, drill press and charging station. The sharpening bench is equipped with a 6" metal vise and houses all my sharpening accessories. On the back of the bench is a fluorescent lamp with a magnifying lens that is shared with the drill press. All my drill bits are stored either in the drawer beneath the drill press table or in boxes hung on French cleats. To the right of the drill press, I have a shelf with a power bar that supplies power to my battery chargers. I leave them all plugged in and instead use the power bar’s on/off rocker switch.
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Drawers are really useful in a wood shop – you can’t have enough. They keep out the dust and with dividers or compartments they can help organize as well. A drawer that is too deep ends up getting filled with anything that fits and becomes a junk drawer, so multiple shallow drawers are better than one deep drawer. However, drawer slides can be expensive so I make my own drawers with built-in drawer slides. In addition to saving costs, if I make multiple cabinets the same width, I can move drawers from one cabinet to another quickly and easily.
You can also use Google image search to research a project. Unlike the PDF search, the image search provides a photo of what the project will look like, which is helpful in determining if you want to pursue building it. By doing an image search for how to build a step stool, you will have a ton of options that all lead to woodworking plans of various quality. (The how to part of these is important—otherwise you’ll just get pictures of step stools.)