I love my new 8 hook, wall mounted coat rack! It was super easy to install and I'm more than thrilled that it goes so well with my newly remodeled utility/mud room. The fact that it holds 8 adult size coats and, when not in use, protrudes only 1" from the wall is a huge bonus for me. I may be purchasing a couple of the 5 hook models for our bathrooms. I would recommend these to everyone!

Pros: Good color options, durable finish, easy to install, looks great! 
Cons: A little spendy, but worth it, so not really a con for me.