We spotted this metal pegboard storage system in the pages of the current PotteryBarn Kids catalog. PotteryBarn Kids, along with many other childrens catalogs we've seen lately, continue to be an unexpected source for more "grown up" decor solutions.
This system is part of their "Stanton Bath" collection and features magnetic canisters, wireframe baskets, and hooks. They also come in square and rectangular configurations. They show them in the bathroom to organize your kids' bath things, but =we could totally see these in a kitchen, study/craft area, or even think they'd be perfect for the garage. Available here.