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I have a Chromalox electric hot water furnace, 20 kW delivered by four 5 kw heating elements. It is neatly mounted on a wall, and is about 24" x 24" x 8". Although it is not the original furnace (which was oil-fired), it was installed before we bought the house in 1995, so it is probably a good 25 years old. It still works very well; we have had to change two of the elements, but that is simple.
We were always very happy to have this furnace, because we didn't have the smell of an oil-fired furnace (not to mention the space and maintenance), nor the risk to children of hot baseboard heaters.
The one thing that worries me is that one day it will break down, and either we won't be able to replace it, or buy parts to fix it. Many companies feel the need to re-invent the wheel every couple of years, and discontinue support for older models. Please tell me that you won't do that to me.