Equalizer is noisy due to metal-on-metal friction, but it works well for me so far. Canadian dollar is on par for all intents and purposes so the $1200 is highway robbery. The good thing about the Equalizer is the quick set up and tear down. There are probably better and quieter ones out there without resorting to the "exotics" which I have a hard time justifying their price. I have had great service from my el cheapo round bar system on my old hybrid, although I do not miss the friction bar. That system was very quiet too.