Ooh, great thread.
My Japanese knife, which I like better than a French chef's and highly recommend:
My brand new extremely nifty bamboo cutting board that stores several flexible cutting mats inside it, one for veggies, one for meat, etc. Sorry, can't find a good picture online but I just got it at CostCo and I suggest you rush right out.
I do believe that knife and cutting board are the most important kitchen tools.
O.K., then I have this odd pot/pan thing that's shaped pretty much like a wok, has a handle, is medium sized, and has like calphalon or something ridges in circles, sorry, can't describe it very well but I use it all the time.
My actual expensive calphalon or something pots are only so-so.
But the tall stock-pot is essential. I actually have one that's commercial sized, which I use for making chicken stock.
Immersion blender is cool.
Don't use the food processor that often, really, but it's nice when you need to make latkes or cole slaw.
Could we even cook without wooden spoons? Is it possible?
Alright this is silly but Sunday we had the best chicken ever, thanks in part to the silly yet cool beer-butt chicken racks they had at the Supermarket. Brined them, rubbed them, shoved Sprite up their butts, and those chickens were To Die For.