Not worth the money.
The plastic bin does NOT hold hanging letter-size files, but it will work for storing file folders.  You can adjust the rails to hold hanging letter-size files, but contrary to the way it looks, you will only have about one foot of space.  If they'd designed it to hold hanging files the long way, it would hold almost 18" of files.  Also, the bin is pretty junky.  Really not worth the high price.  I recommend item #SAF5228BL by SAFCO instead.  Much better quality, a lower price, and at least as much storage space for letter-size hanging files.
Rating: 1 stars