Yeah I'm on the market for a rack too but don't know what to do...
For the look of the cetma racks and the price and wait time (time is money) it doesn't seem to be worth the asking price.
From what I can gather, he has lost a lot of potential business.
Antbikemike.wordpress.com/racks
has some good stuff.
And I don't think its "cool" either that the rack lady doesn't have a site. That too has its opportunity costs.