I had one of those, about 15 years ago. My son gave it to me for my birthday- his primary means of transportation was his mountain bike (he was about 14 at the time,) and so as to surprise me, he biked from our house in uptown New Orleans to Lakeside Shopping center in Metairie- only about 10 miles, but that trip required some pretty serious urban-assult- type riding. That was where he found the best price- then he biked back to our house, after strapping it to his bike. The shop owner told me later that he was quite impressed by David's determination and resourcefulness.
Sorry I sold it, not so much because of the utility of the stand, but because my son put so much of himself into the gift.
The rubber was wearing off my old one. 
