We broke in our fryer with donuts. And they were yummy. I made a very simple recipe that I won't post the link for. The measurements are all in ounces, which is very annoying, and I ended up changing it pretty drastically by the end. But it still worked.
After a maiden run, I think that was $5 well spent! Next on the list: coconut shrimp, chocolate glazed donuts, and cannoli!