@millercarbon - didn't see your response before posting. I do need a rack since I have limited space for my gear and it has to be organized vertically for the space I have available (other than the power amps).
Well there you go then. You know what to do. If looks are more important then you'll get a better looking rack. If sound is more important then you know to keep the rack you have, or at least not spend much on a new one, and improve Cones, fo.Q, TC, HFT and ECT first. Unless you are really in love with the look. Ultimately its all about you. It is after all your system.
I know the tape and TC sounds funny but I'm totally serious. Whatever improvement you hear from a new rack, and you very well might, but it will at best be enough to have you not feeling like it was a total waste sound-wise. With fo.Q and TC however you will be shaking your head and gaping in disbelief that anything could ever make that much difference. Two sheets of fo.Q and TC will run you about $350. The rack.....?