i use 3 totes stacked on one another. The bottom bin has a solid bottom with a tub outlet on the bottom for draining my "shit soup". The other two have holes drilled in the bottoms of each and i alternate the two from top to bottom every other week. I use a lid with aeration holes drilled on top. Each bin also have aeration holes drilled about 5" below the top of the bin. I lined my lid and the each bin (where the aeration holes are) with screen material and gorilla glue to keep out pests (fungus gnats, mites, and other little bastards). its a cost efficient system that works and looks decent.
I also bought a compost from the city i live in, its kind of cool, but has vented holes all the way to the bottom, no bottom to the unit so it sits right on the ground. the idea was cool but it didnt serve the purpose i wanted it to... so now its my daughters toy, she tries to trap the dogs in it... kinda funny.
*edit* - if you dont like making your own compost (its convenient for me cuz i eat all organic, and all my food/garden waste goes right into it, and whatever is left over from my AACT brews.) buy Bu's Blend Compost, thats the shit!