If I had seen this when I was a new teacher, it would have made a HUGE difference in the way my classroom functioned. It would eliminate so much student off-task time getting a new pencil, getting notebooks, markers, etc. Store manipulatives in the drawers. You could even put a little trash container on top. Brilliant idea. It doesn't even take up a lot of floor space.
E-Arrangement - It is also the most space efficient one. When we first introduced notebook classes it seemed to be the easiest solution to simply keep the layout and adjust the power supply to the existing situation.