As far as possible ... put it close to the point of use.

One method is to stack everything in another room and retrieve things as you need them and put them in highly accessible locations.

Good idea, lazygardens. Weed out things you don't use as often, put them in drawers further away from stove or prep area. I would weed out by deciding if I even need to keep everything. Alton Brown suggests that all utensils should be multitaskers. And egg slicer isn't, but I wouldn't throw mine away, I can't slice that fine without one. Maybe you could take all the drawers out, and fill them all at once, use labels to remind where they go. That way you'd have a better idea of what is where. I'd find it helpful to do it all at once, and able to see it all at the same time. Good luck, send us pics!