If you can wait get the
Ultimate Pro Truing Stand from Performance Bike. The best deal to be had recently was the $20 off $50 coupon with free shipping which dropped the price to $39.99 total for a superb piece of equipment. I just used it to true an older front wheel without much difficulty. You can either mount it on its own base and set it on a work bench or even your coffee table. Or if you prefer working standing up you can just slide it onto the top part of your Ultimate Pro workstand. It can act as a dishing tool as well which is an added bonus..