It looks good, it can be put out of the way, if you want.  We keep it near our shower.  We use big sheet towels and it hangs very well on it.  I have even lifted my rug near the shower and put it across it to dry in the mornings.  I love it.  It is so slim and so sturdy.  It fits anywhere.

Pros: Love the colors.
Cons: I wish I have bought it sooner and bought a third rack.