I do popcorn in a pyrex bowl in the microwave, yes to standing and watching it!
I don't have a deep fat fryer, even my biggest saucepan isn't all that big for deep frying in and it always seems wasteful to use so much oil. Plus it's smelly and hazardous with young children around.
It would take a long time to make a batch of croquetta or doughnuts then though. Thinking about it I think I have used my smallest pan on the rare occasions I have deep fried things (it has been several years now though). I haven't got anything very suitable for lifting stuff out with either.