...but here's my 2 cents.

1. It looks like shit
2. The idea is sound but I'm sure something with more aesthetic appeal could be made. Like one for 20-50 bucks which would have a paint job maybe, maybe not as low and not the ugly silver from the screws showing up, which is the worst part(just makes me cringe). I know www.RMDSM.com sells a more attractive one, but it gives you a clue as to what one would be looking for, for looks and functionality. I bet if that originator of the design pictured above had more than 9 bucks he could have something a bit more special(or less special-looking?!).