bob ny,
Regarding storage of small tools...
I have a small machinest chest on my work bench that has lots of narrow shallow drawers (about 9" wide x 7-1/2" deep. I keep SAE ignition wrenches in one, Metric ignition wrenches in another, feeler guages/plug guages/point files and plug gappers in another, SAE allen wrenches in another, Metric allen wrenches in another, mini pick & hook set in another, and jewelers files in yet another drawer.
These smaller machinest chests, with their narrow drawers, are ideal for small tools of all kinds. And the chest itself does not take up much real estate on a work bench. You might want to explore this type of storage for smaller tools.
And recently, I bought an old Crafty tool chest (26" x 12") that I'm restoring to store other small tools. This chest has 12 drawers total, but only 3 drawers are full width. The remaining 9 drawers are narrow making them ideal for small tools. This chest is eventually going to store drill bits of all kinds, burs, reamers, punches, drifts, chisels, taps & dies, small to medium files, and precision measuring tools. This tool chest is going under another work bench where my drill press, arbor press and grinders are mounted.
The trend here on the GJ is towards large storage cabinets and chests that hold massive amounts of larger tools. But there are still many applications for smaller storage chests with smaller drawers in the home garage/shop. Think small overall footprint with lots of small drawers.
Hope this helps with your storage dilema.