Under The Cabinet Stemware Holder

Yesterday afternoon, while in line at the Paper Source in Old Town Pasadena, I got into a conversation with a woman about the Oscar party she's throwing at her house. Judging from the menu she rattled off, I wouldn't mind getting an invitation to her soirée either--any party that is serving up soft brie and pear paninis on EuroPane rosemary currant bread has my attention. Gourmet menu aside, she had her own kitchen space issues, in particular with her cupboard. "I bought 3 boxes of stemware on clearance at Marshall's for the party because I didn't have any before. But my cabinets are already bursting at the seams with just my dishes, the pots, the pans, the mugs..."

I can certainly relate to that: This past holiday, I ended up getting a total of 12 new coffee mugs from family and friends (I must seem like I drink a lot of coffee...), and it's getting cramped in the cabinet, especially when I'm unloading the dishwasher. And while I do like the functionality and the pub-like look of this under-the-cabinet stemware holder, I'm worried that I don't have enough vertical space between the counter and the bottom of the cabinet to make this work.

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Does Bailey's ever go bad? Probably, huh? That bottle has been sitting on my counter for quite some time now, I best throw it out.

The distance between the bottom of my cabinet and my counter is roughly 19", and the overall height of the rack with hanging glasses would be around 9". Is 10" enough space that it won't look strange and/or cramped?

(Images: Real Simple, Amazon Triple Stemware Holder)