jeffbrobst wrote a review of Thule Transport T2 with STL2 Lock - 2 Bike on October 11, 2011
Past reviewers were correct, the assembly instructions do require some thought to connect the dots where the text and illustrations left a void. However, once assembled this setup works well. I have used with road bikes and my 29er Mountain with ease.
The included wheel locks are questionable on their own so I also run my cable lock for additional protection. Easy load and unload for all sizes and designs. The tilt up/down will probably loosen with use to be a little less cumbersome but all and all this is a solid design for the price.