I know what you're thinking, how much! This guitar rack is expensive but it's the best rack I've ever come across. Setting it up is a piece of cake; all you need to do is to take it out off the box, cut the plastic transit tie, unfold it by lifting the two metal uprights up until you hear a click, and that's it! There's no messing about with an assortment of fittings and you don't need a diagram; it's a brilliant design. If you need to transport it, just press down on the top of the two metal uprights, that will release the internal catches, then it folds down into a nice neat package; it's a fantastic design.
What really impressed me was how solid it was, and I mean solid, it's extremely stable. It doesn't rock from side-to-side like certain cheaper products. Another feature that's very impressive is how it grips a guitar. I have a Strat, a Tele, a PRS, a Brian May Red Special and an Ibanez AM153-DBS and this rack has no problem gripping any of them. Once you seat the guitar properly at the bottom and at the top it doesn't move; it stays perfectly upright and the neck doesn't even touch the sides. Apparently, it's made from a flexible elastomer plastic; it feels like a sticky rubber but it's a lot tougher and more ridged. This transparent version a also suitable for guitars with a nitrocellulose lacquer and there are a number of pick holders on the back, there are ten in total and each will take a number of picks.
If you're in two minds about buying one, my advice is to go for it, you won't be disappointed. Yes, it's expensive but it's top quality and well thought out. It also comes with a König & Meyer 5-year guarantee and a 10-year replacement parts service. That proves to me how much faith König & Meyer have in their products.
It's a great product and I can highly recommended it, 10/10.