First off, the fit for these on the 1/4" pegboard is ok, not great. The smaller hooks like to fall out when removing tools or whatever is hanging unless you use the black plastic straps to secure them. That being said, this is a great assortment if you're just trying to organize a bunch of stuff and don't have any set needs. For the price, you can't complain, and I'm sure this set works awesome on the 1/8" pegboard.