I use it to store my electronic parts (I've recently become an Arduino lover). Sometimes I had to cut a long (wide) 10 inch wide strip to make room for rectangular things, but it cuts fine with standard scissors. AND! It is JUST THE RIGHT HEIGHT to fit/stack in standard letter trays. So if you have 2-3+ and need one on the bottom, the entire stack shouldn't fall off. But yes, there is a gap at the bottom between the compartments for cables and other small items to slide through.
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