If you have only 1 kid ill go with the philips. If you have 2 or more kids then go with the munchkin. Both are good. Depends on what you are looking for. Philips is slim, easy to use, compact etc munchkin can hold more bottles, adjustable levels however its a little more bulky. I send you a link for more information, hope it helps.
http://parentadvice.net/best-baby-bottle-drying-racks-the-ultimate-guide/