Using ideas from various other racks (thanks to Dick P and many other great SMC'ers.) I put this together over the weekend and can now begin to get my wood off the floor. The idea was to still have space available under the rack for usable space. I may end up building a long cut off bench with either a chop saw or my Dad's 40 year old Craftman radial arm saw (still a good heavy accurate tool, believe it or not!) set in to it. Drawer storage will eventually follow under the bench. I'll have vertical storage to one side of the rack for 4' to 5' lengths.
Did a "swing" test from pipe to pipe and it didn't come down .
Kent