Well, I'm not sure about this......is the rebate related to paper crafting? If gift for someone else is paper crafting, you can discount that. Also, I don't think you need to count the rack, as it is an organization item. Just my opinion, the final decision is yours.
I went to a make and take at our LSS and ended up ordering the whole set of Faber-Castelle gelatos! They are so cool to work with! And the entire set of colours, including metallics, brushes, and a few stamps was only $59.99. I will be updating my totals next week to reflect this outlay of money.