This Feedback Sports stand is a great all-around option. It sets up like a tripod, is lightweight and easy to use.
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Pros
Pro Everything you need in a repair stand at an affordable price
The Sport-Mechanic Work stand is sturdy and strong, lightweight, easy to set up and easy to put away. It will likely last for many years even with heavy use, which makes it a good investment for a committed bike mechanic.
Pro Easy to store and doesn't take up a lot of space
This Feedback Sports stand has knobs at the base that control each of the three legs. By turning the latches on the knobs, you can fold it up tight, and stow it away in some corner. It weighs 12.8 pounds, which makes it easy to move around. Folded dimensions are 6.6 x 5 x 44.1 inches.
Most other repair stands have two L shaped legs that cannot bend unless you detach them completely, so the tripod design of the Sport-Mechanic Work stand is a definite advantage over competitors.
Pro Easy to use on the vast majority of bikes
This stand has a clamp head that can turn 360 degrees (most bike stands can do the same), but unlike the competition, the clamp is only 3.6 inches long. This allows for clamping on bikes without having to adjust the saddle height- not a big deal in itself, but a very thoughtful design feature that saves you time and effort.
The design of the clamp is simple and intuitive, and it has a crank with which you can open the clamp with just a single flip.
The stand can hold up to 65 pounds (most mountain bikes weigh around 40 pounds), so it will easily hold almost any bike you put in it.
Cons
Con Can be tricky to set up on uneven surfaces
It can be tricky to get it to stand steady if your floor is not level. It's not a major flaw, and can be worked around.