I purchased this when I was working on an Electrical Engineering degree to store various components for my labs. This has a combination of smaller drawers that are perfect for holding items like resistors, capacitors, LEDs, etc. Or, for those of you who craft, can easily store beads, small spools of thread, or things like that. The larger drawers can hold larger items like small scissors, small wire cutters, solder spools, or things of that size. When I purchased it I paid $28 for it. At that price, it is a good deal. I would not pay $50 for it however, so I would definitely do some price shopping.
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