All multi-tools are not created equal, but most with a plethora of features will get plenty of the jobs done. I personally like, and use often, the Lezyne RAP-21 LED tool, which will run you around $30. I like it because not only is it a high quality construction, but it has just about everything you’ll need, plus a sweet mini light. This will give you a chain breaker, spoke wrench, disc brake wedge, and all the most often used Allen keys and drivers. We’re talking a decent number of tools for 1/4 of what they would cost buying them separately.

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.
We like, and recommend, the Crankbrothers Speedier Lever. If you have to pick only one, go with the Pedro’s, but if you want a backup or have some hard tires to unseat, Crankbrothers is a great choice. It’s only one lever (as opposed to a set of two, like the Pedro’s) and it’s longer, so we didn’t pick it over the Pedro’s for portability reasons. But it’s an excellent tool. It has a wide handle you can grip with your whole hand. Like the Pedro’s, the tip is the right size and shape to prevent slipping and stay in place, and the shape of the handle happens to protect your knuckles if you do slip. Even in situations where I didn’t need it, I liked having it because it made me feel like a pro.
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.
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