For small common components (diode, resistor, LED) though I prefer the traditional wall-mounted array of trays for sorting by values. Also, my commonly used tools and supplies (soldering, cutting...) live in other wall mounted open top bins (like the stereotypical "mechanic's shop" kind that hook on at the rear).
I have a rare brand loyalty for the brand of box I use - only the "Really Useful" stacking boxes. Clear, robust, and the different sizes have lips to stack and tile on each other. Who knew that a simple storage box could have an ecosystem.