Not sure about a toster, but there are benefits to having some household appliances connected to the internet. For example, a washing machine may be able to determine what hour it should operate for maximum energy savings, and ping you when finished. I guess a toaster could be similar; pre-loaded with bread so you could ask it to start toasting before getting up from the sofa.
> Consumers may find it totally cool to design images for toast using a smartphone. Meantime, the resulting data would help food companies understand how people approach breakfast, design new products and market to consumers more effectively.
http://blog.rackspace.com/internet-of-things-why-connected-t...