I suspect that Stevie is, in his utilitarian and no-frills manner, thinking of a situation where one has only one hat, and a broom handle would therefore provide adequate hat-storage capacity. After all, you can't wear more than one hat at a time, can you? So there's no need for more. Although, to be fair, my parsimonious attempts to "slim down" all the contents of the wardrobe along this principle drew stern wrath from my own irate partner. I tried to argue that one only wears one set of underwear at at time, but this had little positive effect. So perhaps the broom handle idea would prove equally unpopular.
It's actually a hatstand for two hats. Hang one, wear the other. The minor inconvenience of having to wear a hat to bed is more than made up for by the elegant and unfussy look of the stand.
Hello again from an infrequent visitor. I'm now PC'd and broadbanded-up at home, so might be about a bit more. (Not immediately though, I'm off for a pint to celebrate getting this thing working!) Is everyone enjoying their weekend?