IMHO, if it's not a small kitchen and you don't need the storage, jettison the pot rack. They loom overhead and make the space seem much smaller. If you don't have good ventilation, everything hung from it gets sticky and yucky from the aersolized grease particles flying around the room. (Of course that holds true for poor ventilation and anything else in the kitchen as well.)

Do you have anything else in the kitchen in chrome? Or even nicke? Silver anything? Pulls? Faucet? Or will the island fixture be the only thing? If everything else is black or otherwise dark, then chrome will look out of place. Maybe a large drum shade pendant with a black print like a damask would work better. There 's a whole wold of choices out there.

I adore my pot rack and find it truly useful in my smaller kitchen, but it's along the wall in a fairly inobtrusive location. How close is your island to the stove?

Jamie,
Sorry to be so late to the party, but just in case you're still deliberating, a note about those ET2 lights. They look fanastic, but provide more ambient than task lighting, if you were counting on them to fully light the island you may be disappointed.