We got a set of proline racks and fitted it with a Curt Black Widow safari basket.
It's not chrome and wood, and the little end caps popped off of the crossbars on the first drive, but it looks pretty good IMO.
http://www.peachparts.com/shopforum/attachments/diesel-discussion/113850d1375454290-w123-bike-rack-bikerack.jpg
It's also less expensive and more versitile than the chrome and wood one which you can get (at least fitted for the VW) here:
EMPI ROOF RACK - JCWhitney