Hey, with the 0.17 update live I finally got around to finishing the code rewrite I started long ago, together with adding a new tier of modular chests, the Modular Steel Chest.
The Modular Steel Chest currently has 4x the storage of its iron counterpart but costs 16 steel, instead of 8 iron.
The numbers aren't really well thought through, but my idea is basically;
"If you really want more storage than the already pretty big base chests (after you connect a few of them), you probably won't be satisfied with a 50% increase or something along those lines, so I'll just make it quite a bit bigger.
Having it a meaningful amount bigger should probably require you to use a fair bit more materials to make tho."
I've currently chosen to "only" go up to 16 steel each chest, but originally I was thinking maybe double that or more.
I would love some of you guys' opinion on this in the comments to this post.
As a side note, I haven't done extensive testing in 0.17 so if you find a bug please make a new post in the Discussion tab marked with "Bugs" explaining the issue you encountered.