Allow me to explain that bizarre title. I just got the Sticks multi-hook rack and I love it. Love, love, LOVE it. And for just $20 you should, too. The Sticks is designed by Umbra and sold at The Container Store (among other places). It easily ups the cool factor of my foyer by at least 50%.
When it's not in use I can return the pegs to their upright and locked positions and this coat rack could pass for some sculptural wall art. But when I need a place for my purse or hubby's lunchbox I just flip down a peg for some much-needed storage space.
With 5 operable - and strong! - hooks that works out to a measly $4 per hook. How could you not want one? If you were ever inspired to do something I did, this should be it. This is way cooler than crafting with the contents of your recycling bin.