Thanks! The feature I enjoy most isn't visible- the verticals are 1x4 with holes for dowels bored every 6" or so. The 1x4s have saw-toothed picture hanging brackets screwed in at the top, which hang on #6 wood screws spaced every 2" on a 1x2 furring strip mounted securely to the wall. The bottom of the 1x4s have a little chunk of furring strip to act as a spacer, and the screws along the top allow me to remove and reposition the verticals very easily. I'm not sure if I came up with this or if I saw it somewhere else, but it holds everything from my super vega to a lazer in easy-to-access space.

If only the rest of my shop was that organized...