Good purchase.

My husband and I bought this pot and pan rack for our 1-bedroom NYC apartment, and when we moved to a new (equally small) apartment, we decided to leave the rack for the next tenants, and bought a new one for our new digs. Without taking up much of a footprint on your wall, this rack can hang 7 pots and pans (AND their lids), PLUS 2 CAST IRON skillets (which weigh a ton), AND it can hold more pots and pans and Le Creuset pans (which also weigh a ton) on the rack on top.
I will admit, we had to hire someone to help us mount it on the wall, and both times we were able to mount it on the studs, so I'd recommend that if you can.

GREAT CUSTOMER SERVICE: In the package came a note with large print that said to email the company if we had any issues. One of the caps (purely decorative) came mis-manufactured, and Patrick from customer service at Premium Presents sent me replacements immediately. We love this rack and the company!

1 Year Update:
It has survived a move and with the right anchors is doing well. I lost 1 hook in the move. It holds all my pots and pans that came in a set plus two extras. It is so nice to have especially when it comes to not having to dig around in the cabinets for the pans. I also have it holding my kitchen aid attachmets. I love this thing and I always get compliments on it and people always ask me if its new, even after 1 year. I originally bought it for my tiny kitchen but I still think it is a must have and I use it in my now much larger kitchen. We learned from the first time around with the anchors and we haven't had any issues. I patched and painted the other wall and you would never have known about the original disaster. I changed my review from 2 stars to 5. Keep in mind I am talking about quality for the price. It looks incredibly nice for the price and functions great but there are probably much higher end options out there.

Original Post 2/5 stars:
Looks durable but I don't have it up yet. What I do have is 4 huge holes in my wall. The drywall anchors it comes with are crap and can't even support its own weight! I can't put it up until I buy different anchors. I will update once the holes are patched and its up! It can only go into a stud on one side because of spacing so take that into consideration when purchasing.

As the title implies. The shelf itself is as advertised. Great space saver. The engineering on the other hand with the assembly to put the supports on is directly in the way of securing the shelf to the wall. I ended up having to secure the supports to the wall and then attaching the shelf.

Very sturdy, well made. Holds a lot of weight, which is great.
Hardware (toggle bolts) included for hanging isn't heavy enough, had to use heftier molly bolts.
My major concern was that rack pictured on Amazon was a medium grey/silver, but the actual rack
was dark black, think cast iron. Even though the page mentioned "black", that's not what it shows.
I tried to contact the distributor to see if they had the grey/silver, but they never replied, so I'm just
living with this one, even though it looks bulkier on the wall.
P.S.: Since all the pot hooks were the same length...and my pots aren't, I ordered a package of hooks of various lengths from a different vendor. Worked well.