I have had a Park tool stand for a few years now and use it for weekly maintenance on 5 family bikes. I also have a "wash station" and recently broke the bracket I use to hook up bikes for washing so I got this stand as a spare and used it. I'll start by saying this is a great stand for less than $30 and will serve the casual mechanic well. It looks a bit flimsy, but seems to be holding the bike tight. Love the wall pull function (fence in my case) which allows me to bring them inside in the winter or take them off the wall for other people. A couple of downsides compared to the park tool stand: plastic and wobbly. probably a short lifespan, the rotation doesn't seem to matter how tightly you bind your hand, and it takes a lot of red wheel rotation to attach and detach the bike. That being said, it's $30 versus $200, but if you use it frequently, you might want to look for a better option.
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