Enter the Zojila rack. Hoo, it's expensive! But on the plus size, it's spacious (2 adults in my household) enough for a day's worth of dishes, sturdy enough to withstand dish pyramids, clears the counter by 2 inches, drains water as described, is easy to clean, and looks BOTH practical and sophisticated - I mean, how "stunning" can a dish rack look, really? Although I am still waiting for the day when someone comes over and gushes over it, like I would if I saw it in someone else's kitchen for the first time. But I'm a nerd.
I'm very satisfied with my rack and am looking no further. However, a few cons made me give 4 stars instead of 5, mostly having to do with initial set up. Specifically, I had to do some metal fabricating to get the rack properly balanced on the drain board. Further pounding was required to fashion a slope so that water would drain off the board. Also, like another reviewer, I have lost a small glass to the end that has a wide opening - although this can be prevented by moving the utensil rack in front of the opening.
All in all, I am quite pleased and would buy this rack again. Just be ready to receive yours with a rubber hammer.