I use a TON of recipes from the internet and magazines. I keep them all in a big fat binder, safely tucked away in sheet protectors to ward off against splatters.
I don't know about anyone else, though, but lugging that big binder around and then having it take up so much space on the counter is annoying. Plus, it's inconvenient to then have to keep leaning over to try to read it.
So... a solution!
I pull out the page that I'm using and clip it with a magnetic bag holder - then I stick it on my microwave! Voila! Recipe is safe from flying cooking debris, and it's at perfect eye level. Plus, who wouldn't welcome more counter space while cooking??