Another Of My Many Hangups

I knocked out this tool board to keep my lathe chisels off of the floor, where I kept then in a plastic bucket. It's just a scrap of 3/4 oak plywood, edge with some pine with two magnetic strips that I got from Harbor Freight. I added some cleats to keep the tools from sliding off. I put on a coat of Danish oil and a few layers of clear, just so it looks nice and matches the lathe.The edging is the trademark red. All that remains to complete the turning station is a lamp, over the lathe, so I can see what I'm ruining