Park Tool TS-2.2 Professional Wheel Truing StandThe worlds most popular wheel truing stand and the standard of the industry for 35 years is now, more than ever, the stand to choose for daily shop use. The new TS-2.2 combines time-tested functions from the legendary TS-2 with new features to make it more accurate and versatile than ever.
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The amount of functionality built into this this thing is stupid. With bigger wheels and tires rising to the fore, the 2.2, handles just about anything. The new adjustable knobs are a huge upgrade. Just make sure you get the adjustable base as well: http://www.pricepoint.com/Brand/Park-Tool/Park-Tool-TSB-2-Truing-Stand-Base.axd
Great tool, has paid for itself by not having to take wheels to LBS. you still need a dishing tool to properly dish, but other than that everything is rock solid and easily adjustable.
I bought this stand knowing it was the most expensive, but since I do all my own maintenance on my bike I know that having the right tool pays for itself. I love this stand, and it's very easy to set up and use.