While on my initial bicycle rack picture taking expedition this wave rack in front of the Center City Commission (CCC) had the most bikes locked to it (aside from the Flying Saucer newspaper corral). This rack might even see more daily use than any other rack in downtown Memphis. I know I use it about once a month in early spring while planning Bike To Work Day.
Here's how it racks up:
Form - Wave
Function - Pass
Environment - Doesn't blend
Points of Interest - CCC, Fire Museum