I love, love, love my magnetic knife racks. They are super-convenient to have around because there is always a clean knife at my fingertips. Added bonus: unlike knife blocks, they don't take up precious countertop space! I had 'em in the kitchen of our last home and I installed them in our current kitchen as well. I got two of them from a popular home goods store and paid $15 each. "Yikes," I thought. "$30 for a couple pieces of unfinished wood with magnets screwed into them? Oh well." Still, I think they look fab! (That's one of them in the photo.)