This is my main tool rack. The initial version was wall mounted behind the lathe, but firstly I had to reach over the lathe to get a tool, which is dangerous, and more importantly, it blocked my view out of the window. So this new version is mounted on a piece of kitchen counter top with coasters underneath, and I can roll it around the workshop. Note the protruding fingers at the sides, preventing tools from falling off, and the slot for the small parting tool.
Whatever doesn't fit into this rack is stored in the top drawer of a kitchen cupboard, also mounted on coasters, where the other two drawers hold all sorts of accessories, including my bowl saver kit and numerous jam chucks, sanding paper, etc. On top of that cubboard is mounted my Tormek slow grinder, and on the side hangs my selfmade steady rest (pictures to follow).