Overall, we are delighted with this product.
It is sturdy enough for its purpose, perfectly sized to be useful but unobtrusive, and fairly easy to assemble.
Because it is free standing, it is versatile, and one doesn't have to drill holes in the wall (we can't in the wall we want it next to).  I suppose this means a theoretical risk of it falling over if loads of heavy coats are hung from the upper hooks, and/or the upper parts are pulled, but common sense should prevent folk doing this!
Only criticism - the round 'bobbles' to cover the ends of the pegs on the 4 peg section were tight & very difficult to put on (unlike the 5 peg section 'bobbles').  I ended up having to warm them in hot water prior to affixing.