This is a spendy but wonderful kitchen appliance that we discovered after having a foreign exchange student from South Korea. Since then rice is a staple at our household and this will keep your rice as fresh on the third day as it is on the first. It does not burn, dry out or get cold. This is how we make our steel cut oats as well. The timer feature allows you to set a time for your rice or porridge to begin cooking which allows us to wake up to hot cereal in the morning.