Works well, holds the ironing board and iron. I did not use the hardware it came with and used drywall anchors instead. Took about 3 minutes to hang up. Because of the hooks and the ironing board I have I could only hang the board 1 way which is ok. It doesnt move, it screws in with 3 different screw holes. I dont know about the cord holder spot, there isnt like a lip for the cord to sit and stay so it will just fall out. I have the cord wrapped through the iron handle. It serves its purpose and was a great price for the organization it provides. It I stalls kind of weird, the metal hook that holds the board isnt actually attached, it sits in and is held in place when its screwed into the wall. If the screws come loose then it could potentially drop off.