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I love casters and vertical storage! Recently when cruising samsclub.com, they had the perfect combo of both. Pegboard was arranged in a teepee fashion on top of a dolly. Theirs was horrendously expensive since it was poly pegboard and an aluminum frame but the same could be accomplished with a sheet of 4x8 hardboard pegboard cut in half, some 1x2's, a scrap of plywood for a shelf/support for the casters and 4 casters. And as an alternative rather than pegboard with individual hooks you can use plain plywood (use 3/4" and you probably don't need the 1x2's) with wire shelf grid (or even wire fencing) installed on 1 inch standoffs. The standoffs allow you to insert your tools into the grid. This is perfect for me to wheel next to where I'm working then push back out of the way. 32 sqft of tool storage, easily accessible.