A few years ago Mrs. Goodfellow needed a new drying rack, and I just happened to walk by as she was putting the rack into the recycling box. I can use that!!!
I have a very FULL plier drawer -- in fact it's a mess, and I decided to use part of the rack for plier storage. Lots of threads out there about using these, and I finally remembered to try this out.
The good thing is not only did I get one, but eventually wound up with two racks. After buying a new one at Wallyworld, my wife decided it was too small and she couldn't use it. So, good for me, let me have it. Here is the original mess --
As I said, there were two trays, one small (black) and one large (white). The white tray takes up too much room, and the pliers just slop around in there. HOWEVER the smaller black tray is (dare I say it); a perfect plier holder. It's tight and compact and I can easily fit three or four of these in my drawer.
Here is the small back tray with the bottom cut out --
....and the drawer with most of the pliers organized in the two racks - notice the wasted space on the larger white rack.
The smaller tray is really nice. I'm off to Wallyworld to buy three more of the black trays. Mrs. Goodfellow said that she paid around $7.00 for it. At that price, "it's a bargain".
EDIT: Updated this to show how this was finally organized. I removed the large white rack and subsituted two narrower (also white) racks. That was about all the racks I could fit, but it was good enough to make things presentable.