Just located them close together. It is bad enough to have the cable and phone guys messing around in our structured wiring cabinets. I really don't want anybody in my rack.

That said I don't see any reason not to put a cat5 patch panel in the main equipment rack. Just make sure that the runs that will or could be used for TVs, touch screens, DA, etc. go there and leave the phone drops on a seperate punch down block.