I've never had metal pegboard before this chest and while I like it the pegs seem to rattle around a little more loosely than hardboard because the metal is thinner than the usual wood obviously, still a nice gauge though. I found a solution to this and to even use thinner 1/8" peg accessories too. I bought a black vinyl coated screwdriver holder at Sears that was 1/8" and used those dishwasher repair nub things, you can get them on Amazon for like $8 per hundred, on the the tips and it snugs up the peg in the hole nicely and improves the fit and eliminates much of the rattle and movement. They even work on 1/4" pegs, albeit very tightly, and makes the 1/4" practically immovable. Those dishwasher repair tips I've used over the years for all sorts of applications, like when a small bolt's threads protrude from something and you want to make it safer etc. or even making soft feet for something made of thin wire/rod. You could do the same with plastidip but nothing beats the instant gratification of having them on hand for a quick and tidy fix. Here are some pix: