I have a small area in my basement between the stairs and an adjacent wall. This side of the wall has no drywall, just open studs. The other side of the same wall is drywalled. I started a rack recently there. This is the first part. Trying to make the most efficient use of a small space, I used part of the area within the wall studs. Diamond bins wouldn't really work in this spot, because I needed to use the space between the studs for the bottles, or else there wouldn't be enough room to walk through. Sorry for the less than ideal quality of the photos.
Bottom line is, it's cheap and I suspect it will be effective. I set out 2x2s from the studs to create extra space, and made the back horizontal braces about 1/4" lower than the front horizontal braces, to keep the bottles from sliding out.
On this one wall area I ended up with 3 levels, x 6 spaces between the studs, for a total of 18 bins. I figure I'll get at least the better part of 400 bottles in this area.
The next part isn't shown yet, as I just started, but deeper in this little space and to the left I'm making some more storage area.
Bret A. Moore, Southwest Nebraska