Laser tape measures have been around for awhile, but not until recently have they become cost effective. The SonicTape Laser Tape Measure ($50) can calculate area and volume and convert readings from feet to meters and inches to centimeters (if you were so inclined). Measures up to 50-feet with a 99.5 percent accuracy.
Be ready for any small job with this pocket multi-tool. The Micro-Max 19-in-1 Multi-tool ($13) packs 6 screwdrivers, 2 hex wrenches, a pair of pliers, a bottle opener, a wire cutter and stripper, a wire crimper, a tiny hand drill, a file, and 2 rulers (mm and inch). It's also got a quick release key ring mechanism.
Say hello to the ultimate tile saw. With the ability to make straight or precision curved cuts on tile and stone up to 6 cm thick, the Revolution XT Tile Saw ($1,500) deserves a spot in your workshop. Its design allows for unlimited length and width capability, and it's self-contained, so it doesn't need a water pump. With a 10-inch diamond blade, it offers industrial power at a consumer price.