This is a reliable and well-made device. There were a few things that made me choose a different rack (I needed 2). The device is screwed to the wall/stand (not included). The cleats are 2" wide and the screw spacing is 2" so you won't put all 4 screws in the rack and drop things. I attached a 2x4 to a stud and then attached a post to it (you can use anchors too). The chain faces outwards, which is convenient for work but not for storage. You have to raise the front of the bike an extra foot in the air to fit the rack in the bike seat, making tight stacking unrealistic. If you don't mind adding an extra piece of wood or driving some dowels into the wall and just buying it as a mechanic's workbench, this is a good tool.
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