FWIW, I bought this intending to use specifically as a really compact air-drying rack for knives, cutting boards and hand washed silverware or cooking spoons. For THAT purpose, it is stellar! No spots on any knives, everything drips into the tray which can then be removed and dumped/washed.
I’m shocked that this is not marketed specifically as a drying rack. For any other purpose besides drying though (such as permanent storage), it would be very unsafe and as everything is loose and exposed, not a good solution for storage.
As drying rack: 5/5 stars, highly recommended
As storage solution: 1/5 stars, do not recommend