I know several people who have bought bread makers but I don't know a single person who still has a bread maker; I can see why. In theory, it sounds great- dump some ingredients into a machine, press a button and, voila! Cheap, healthy, fresh, home made bread, how fantastic!
In practice it's not so great. It takes over 3 hours to make, the bread is an odd size, the machine takes up too much space, and really, who bakes their own bread? What is this, 1810? There's a reason for the expression, "Best thing since sliced bread"; sliced bread is pretty bad ass. You don't have to worry about thickness variation and getting crumbs all over your counter. As for the savings, taking into consideration the cost of the machine, energy used to power the machine, and the fact that you can get a loaf of white bread for like a dollar or two, I would say it's a wash.
I imagine there is a giant Salvation Army warehouse somewhere just filled with donated bread makers.
We received a bread maker as a gift from Michael's friend so we got to experience the novelty of owning a bread maker without having to pay for it. The bread tasted better than store bought but it was a bit dry. The crust was rock hard and thing turned out like a tank.
It would be perfect for one of those soup in a bread bowl thing except I never really understood the point of eating soup out of a bread.
We're going to hold unto our bread maker for awhile. It makes a pretty mean pizza dough and we're all about Make Your Own Pizza Night! However, if storage space ever becomes an issue it will probably be one of the first thing to go.