I have several similar drawer units (mostly by Sterilite, I think. But I'm not positive), and have had problems with sticky drawers on some of them due to sloppy tolerances.
My Arduino parts and small projects are mostly stored in Rubbermaid "Takealong' sandwich-sized containers. Last year Wal-mart had a big clearance when they switched from the orange-ish "autumn" color to something else (red for Xmas, I think). I bought a bunch at 4/$1. They're a good match for Arduino-sized stuff, and convenient for pulling something off the shelf and taking it to the workbench without the risk of spilling that you get with those cabinets of drawers. I even used one of the taller ones to make a temporary rain-resistant enclosure (I'm sure UV would eat it in a few months if I put it in the sun, but it was a cheap way to make a prototype).