Picked one of these up at HD last night.
They wouldn't let me use my 20% Harbor Freight coupon (I'd heard some would still let you use them, some won't) but I was at least able to get my 10% military discount which got it down to $500.
The wife has been wanting to jump up to a king size bed and I'd found a website with some pretty easy plans to build one. We are also in desperate need of an organizer in our closet. I checked a design-it-yourself place online that was pretty nice...lets you design the whole thing and then they send it to you to install...but it was over $2,500. I checked the ClosetMaid stuff while I was at HD and even that would be over $1,000 and you can't customize it very much. For $1,000, I can pay for the saw and build my own organizer out of solid pine instead of the particle board crap they use in the kits.