Islands can "float" as well. Smaller islands used primarily as an aid in cooking or baking can be fitted with wheels and moved around the kitchen as needed to aid in cooking. Whether you consider a floating island will probably depend on what you have installed on the floor now, or plan to install (a soft wood will be nicked and scratched).
Budget : Setting a budget out front can be beneficial if you have budget constraints. Having a budget to work on, you can easily adjust the types of material to be used or length of wooden planks to be purchased accordingly before ordering the materials.
Mind Your Head : If you are hanging anything from the ceiling, make sure that there is sufficient clearance so that people do not bang their heads on a skillet or frying pan! Clearance is all-important with kitchen islands, because there is not a lot worse than having a kitchen that is severely restricted in space just to accommodate an island. The island should complement your kitchen, not dominate it.
Pick a countertop for your island that matches your other counters or make it stand out by using a contrasting material. Also, your choice of cabinetry and decorative elements can make your island into a real quality item, similar to a fine furniture piece.
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