The Leviton products, like their structured wiring panels, are worth the price (despite it being a little high).
I have two 42" panels with hinged covers. One for most of the house and a second that is dedicated to my home theater.
I have used their phone modules and found them to be excellent in quality and construction. Here is a photo of the system that feeds the whole house:
http://pages.sbcglobal.net/jtlockyer.../lev_panel.jpg
Prior to the Leviton panel, I used the "plywood" solution and my own "home-brewed" panel. I had two problem with that system
1: It was my own system and I had to "re-learn" the system each time I needed to make a change.
2: It was my own system and any subsequent owner of the home would see that. I wanted a new system that would enhance the value of the home and the plywood system would be seen as a rat's nest. (In all truthfulness, I will have to "sell" the system to any buyer and his/her home inspector/appraiser.)
As a disclaimer, I do work for a distributor that sells this system and most of the components in that cabinet were provided free of charge from our Leviton Rep.