I have four 120V circuits in my garage, and two 240V circuits on my 60A feed.
1) Freezer. I don't want anything accidentally leaving me with rotting food, so this one is dedicated.
2) Lights. This circuit runs the lights, television, and stuff like cordless battery chargers, but each outlet is labeled "no tools".
3) Loft. This covers the garage door opener (because it was there), dust collector, shop vacuums, etc. Basically, stuff that might be used at the same time as tools, that I don't want sharing a circuit.
4) Tools. This is what most of my outlets are on.
Then, there's a 240V circuit for the compressor, and one that is shared between the plasma cutter, TIG welder, and tablesaw.
Anyway, I've found that the chop saw can sometimes trip the 20A breaker it is on, with nothing else on that circuit. As bad as it is to see the saw come to a stop unexpectedly, it's far worse to have the lights go out at the same time.