I am a devotee of composting, one of my happiest moments was the first time I emptied my composter. I have bee hive composter and wormery in home garden and two Tardis types on the allotment.
My tiny problem is what to use in the kitchen for teabags and scraps? I can't go down to the bins every time and in our weather I would need wellies and a raincoat every time. We tried those pretty bins but there were tiny flies, which I know we need for decomposition but not in the kitchen! And over winter I could use a larger container near the house or could I put the wormery on a solid surface?
Sorry, I get a bit overexcited when I get a chance to talk about this, as cupcakes rightly notes.
I have a bokashi bin and I routinely bore everyone rigid singing its praises. It can take everything - including cooked food and meat (I'm veggie, but my cat is most definitely not). The only thing it doesn't like is teabags, which for some reason are not advised.
It is essentially a box with a removable lid, with a tap on the bottom. You put the waste in, press it down to compress, and then sprinkle with magic bran. This pickles the waste - it sort of zombifies it as it rots and there are no flies or maggots or anything. You use the tap at the bottom to run off a super-nutritious, extremely high nitrogen liquid feed for your plants - a little of this goes a very long way. When the thing is full, you leave closed it 3 weeks, and then either bury the solid waste underneath heavy feeders or put it in the compost and cover. Rinse the bin, and you're ready to start again.
I have mine right outside my back door. You can't smell anything from it because it is essentially sealed (though when you open it, you will smell it very temporarily).
A bag of magic bran goes a very long way indeed, but is inexpensive to buy. The main cost is the initial outlay, because you need 2 bins in order to rotate them so that they can 'rest'.