Any suggestions for a basic tool kit for in-home bike repairs/adjustments? I'd like to be able to do "almost" anything - especially involving derailer and gearing adjustment - but I don't need specialty tools for exotic parts or really big operations.
I saw the Park Tools AK-37 kit which seems good though a bit pricey. Any other suggestions?
Is a bike stand really necessary or can most things be done just by flipping the bike over?