I used arm power and a hack saw up until just a few years ago when I built my boxblade. That wore me out, so bought a used 14" abrasive chop saw at the tail end of the build. It's great except, as stated, the mess, noise, smoke and black boogers after using it. I've also started a few fires with the sparks...
I was fortunate and got a fixer Hypertherm Powermax 800 for cheap (easy fix). I consider it paid for itself on the first project - removing a poorly built and welded on trailer hitch from a motorhome and fabricating a new one. Ability to gouge out welds precisely in tight spots is fantastic, although gouging overhead in tight spots results lots of holes in clothes and skin. I mostly use it to cut plate. Circles are easy - I make a template from 1/8" doorskin 1/4" larger or smaller), clamp in on and cut. It hardly chars the wood, and parts can be handled as they drop. I'd have a hard time justifying buying a new one, but keep using it for things that nothing else would have worked - like cutting curves and circles in 1/8 and 1/4" stainless. I hope to build a CNC table for it some day.
My next acquisition was a BIG (something like 8x12) old horizontal bandsaw (only $75!). I'm starting to use it more and really like the straight clean cuts through tube and angle. I only use the abrasive chop now for thin tube and small angle (<1/4").
A cutoff wheel on the 4-1/2" grinder is handy, too, usually for cutting through a weld or lopping something small off.
I don't have a torch - There have been a few times when I wished I did, but haven't been able to justify it.
I like to tinker and build things - tractor attachments, repairs, etc. and also building some chocolate making machinery (hence the stainless). Most is 1/4" or thinnner, but since I got a bigger tractor I'm going to have to step up to thicker more often.
In order (my opinion)
Hacksaw
Horizontal bandsaw if doing bar angle and tubing >1/8" thick
Plasma if doing plate <3/8" and curves. As stated already, also need lots of air.
Oxy/Ace torch if doing >1/2" plate but need to have a 9" grinder.
Abrasive saw is handy, quick and accurate, but I hate it most of the time. With a proper fume hood/spark catcher it'd probably be #2 on the list.
I still use my trusty hacksaw a good part of the time.