Now I'm really going to date myself, but BITD (80's-90's) Park were the good value choice: decent quality at a good price. I liked VAR better, though harder to find. Campagnolo were the top of the heap in quality and design, of course, but very spendy. Park is still OK quality, but not so good a price anymore. Strange to see them held up as a sort of standard.

As for the OP, the tool will no doubt work if you keep your gear in good nick (if not you'll probably want something better). I wouldn't overthink this.