Cheap, but make sure the rack is right for you!
The main problem with this rack is that is is not very adjustable. If you have a smaller car, or one with minimally adjustable crossbars, then you may not be able to have the rear piece far enough back to carry a full sized bike. With a tray rack, your tire can be behind the back bar, as it will sit in the tray.
This is pretty much the same rack as the Copperhead, except with the 2-part tray. For only $39 more, I think the Copperhead is a better deal... unless you want to be able to take your rack off without taking the tray off! The tray racks seem more stable to me.