Every person who considers themselves a cycling enthusiast should know how to do at least some basic bike repairs. This is not just to satisfy an unwritten standard of being a bikehead, but because it has a lot of practical implications as well. It can make the difference between dealing with a minor issue quickly on your own or waiting a couple of days for a busy mechanic to squeeze you in. Moreover, in the long run, doing the dirty work yourself will save you a lot of money.
Good bike repair stand. I can't say "great," because it arrived with some small plastic pieces broken. These are small pieces that go between the legs and the supports for the legs to act as a sort of buffer to prevent metal to metal scraping. They are just too fragile, it seems. 3 out of 4 legs had these broken upon arrival. However, these are really only "nice" to haves, not need to haves, and they don't really detract from using the stand in any way. Once you have the stand set up, you don't worry about these at all. The main clamp holds the bike well, if you take care to balance the bike properly. The bike may tilt in the stand if you don't balance it - there is a weight limit to the clamp. I like the included tool tray, but I wish it was more adjustable in height (it is essentially fixed in one position). And the tray could be larger. Otherwise, I am quite happy with this stand. I have worked on several bikes using it, and assembled one out of the box. It makes the job of doing things like adjusting brakes and indexing derailleurs so much easier. The price of this stand is excellent considering the quality.
One key difference, that you can see in the photo, is that the BV uses buckles instead of Velcro on the straps that attach the bag to the underside of the saddle, something much more important than it may seem. A pair of bike shorts (or any shorts) will shred quickly if they’re rubbing against that tiny bit of Velcro protruding from the side of the bag, and it’s sure to destroy expensive sweaters and gym clothes if you stuff the bag into your backpack or messenger bag.

Whether you ride a single, 7, or 10 speed bike or anything in between, you will need a slightly different chain. The major difference is that they come in varying widths to accomodate the different spaces between the gears, but quality of construction is also a factor in choosing a chain. Inspecing the chain should be a part of your regular cycle maintenance procedure- It’s important to keep a chain well lubricated, but oil will also attract dirt and so different oils for specific riding conditions are available. Remember to clean your chain regularly to get the longest life out of it and the gears.