Personally I would shop the used market for the shop level Park stand. There is always someone out there who bought one for one or a few builds and is then selling it.
I have a home made Roger Musson truing stand and it’s good enough for my occasional wheel building. I also have the Feedback Sports one which I use for some jobs where I want to spin the wheel (e.g. putting in sealant) or need a basic lateral truing.
The home made radial truing gauge would work fine with the Feedback stand as well. It’s just a flat edge on a wooden base that you can use to figure out where there are high or low spots while spinning the rim.
I haven’t really felt the need for a fancier stand but then again I don’t build wheels that often.
Years ago I started with a cheap model from Performance Bike, nearly useless. I bought the feedback during one of their annual 20-30% sales, and love it. It packs and stores small, is solidly built, very easy to work with. I especially love that it can true rotors too, which is actually where I’ve used it most. I’m mainly a roadie and wheels stay true, but the rotors often get slightly bumped out of true and I can’t stand even the tiny scraping sound of wasted watts.
Depends how much you think you’ll use it - I’d only pay big $ if I knew I was going to be building a few wheels, otherwise for a couple of builds and a few true-ups then almost anything will do. A nice stand will improve speed and efficiency but it won’t necessarily make the result better - that’s largely a matter of skill.
Back when everything I owned was QR axle, I made some stands out of a chopped up hard rubbish bike (rear triangle and forks). Works well enough for me with some cable ties for runout gauges. I just clamp them in my bench vice when needed. That and a spoke tension gauge, and some good nipple tools, are about all you need.
I ponied up years ago for a park tool TS 2.2 (ableit with an industry pro deal)… I can see the value to use ratio being favorable for the Feedback Sports stand, though
I tried looking for a used park tool for years (lost bids on a few) and finally gave up last year and got the feedback sports. It’s probably the “right” tool of those available for the job, but I think the market could really use a half price park tool clone.
Pros: very compact, solid base, works well enough for radial/lateral/rotor truing. Seems like any wheel diameter / width will work (haven’t verified, but plenty of room with a 29x2.5 tire on and no real minimum).
Cons: doesn’t work well for dishing, especially QR. You can’t just flip a wheel with QR, you also have to flip the skewer so the lever stays on the side with the “drop out”.
Small nit picks: I feel like the probe used for radial truing could be a couple mm longer. It’s nearly falling off the main price in use.
The probe is solid when clamped, but moves a little up/down as you tighten the clamp. Makes it hard to get it exactly where you want it first try. Usually I get close the first try, then have to adjust up/down slightly if I want it perfect.
Through axle adapter feels high quality, but on at least a couple wheels with “loose” end caps, it seems how it clamps to end caps only makes the wheel sit 0.1mm(ish) lower than perfectly centered. Park tool might have the issue.
I shelled out for the shop level park tools stand and have been very happy. I’ve built 2 sets of wheels, trued a bunch of wheels, and rebuilt a friend’s front wheel after he killed the rim by hitting a curb. It will last me the rest of my life and hopefully continue to build wheels for whoever buys it in my estate sale
No experience with the stand the op listed but if you like tinkering a nice stand is worth investing in.