We're going to have to rethink our craft wall soon, as we've been unpacking all the personal effects we hid when we staged our house, and this wall used to be (and will again soon be) a family photo wall. I'm not sure whether we'll just put his crafts lower (more on his level), try to rearrange the photos, or perhaps just use a smaller space on the other side of the hallway. Probably the latter (I don't trust that the more tactile pieces will stay mounted if he can reach them,) but we'll see. Here's the current state of our craft wall.
Once again, I'm linking this post to Tot School, where you can see what other parents are doing with their little ones.