We don't really know yet - we may end up gutting everything, but really haven't given it too much thought. The countertops are fine, we'd probably pain the cabinets and upgrade the hardware at least, if not get new ones. The appliances all need to be replaced, the floor is good tile so we're happy there.
Ultimately I think the decision about the oven situation is going to drive a lot of what happens with the rest of the room.
Sunny - that's definitely crossed my mind as well!!