yeah, don't see why not. would need a pretty wide support base if from plywood. unless you weight it down. or screw down. a nd make sure the bottom section of rack is longer so there is space for the weight to float over the stand.
Clean looking. How did the rubber paint do? I would have much more wood to avoid snaps. I'd also like the screws in the sides and not the bottoms. But it's better than what I have, which is the floor right now.