Let me go ahead and get the bad stuff out of the way. First of all, this stand is NOT the same level of quality as something you would find in a bicycle shop being used for the shop's repairs. it's quite a bit more flimsy, and the grip likes to rotate if you don't get the bike's center of gravity just right. The tool tray is also made out of a rather cheap plastic that can break easily at the rim. That being said, this stand is perfect for home users and makes mundane tasks like fixing a flat or cleaning the chain much easier. It easily holds my Raleigh Merit 3, and I don't worry about the thing falling even if the grip tilts a bit. The stand significantly shortened the time I needed to change an inner tube on my bicycle, and made me less worried about damaging something on the bike by jury-rigging a stand out of whatever I had lying around.
Based on what we found, we chose the most relevant items and used them all. To test patches, I repaired holes using four different types of patches, from Novara (REI’s now-discontinued house brand), Park Tool, and Rema. Patching a tube isn’t hard but there are a few tricks, and the key was attention to detail and patience. I was extremely diligent in following proper patch procedure, which includes a thorough sanding of the entire area to be patched (for max stickiness) and properly letting the vulcanizer dry on both surfaces before applying. For the peel-and-stick patches, I went so far as to prep the area with canned air to ensure as tight a seal as we could possibly muster.
As you mentioned, it is surprising how often you can get multiple flat tires on while riding, particularly on longer sprints. The tip about bringing a patch kit in your bike repair kit can be incredibly helpful if you’ve already had one flat tire. I agree that all you listed seems like an awful lot to carry, but it’s always better to be safe than sorry, isn’t it?
Yes, bicycle shops generally provide repair services. A typical list of offered services includes regular service/adjustment (including safety check; and brake, drivetrain, and tire inspection); premium, and annual service, which is a more extensive tune-up. More specific repairs include drivetrain tune-up, brake system tune-up, flat tire fixes, brake repairs, cleaning and touching up the bike frame.
Owning a bicycle is a good idea, but taking care of it yearns for an experts’ piece of mind. You should not worry too much about taking your bicycle to a mechanic when you can handle the repairing on your own. It will rather save you the cost of every moment you get into a problem. Grab a pick of one of the toolkits from the above review. I assure you that, absolutely no day will you seek a mechanic for service.
Modern bottom brackets use a sealed bearing type construction that keeps water and debris locked out, so they seldom go wrong. Maintenance is impossible so they need replacing when they do wear out. Older style cup bottom brackets need to be re-greased every now and again, and occasionally will need to have their bearings replaced. There are a lot more teeth on the chainring cogs than those on the rear cassette, so need changing less regularly. Cranks usually a solid one piece construction so there is not much to go wrong.