I've got about a dozen hang-on stands that I use. But, my favorite is the Baby Grand Twister. It's got a large swivel seat and a nice wide platform. It's got Teflon bearings in the seat, but you still need to add a little bit of oil each year to prevent squeaks.

It's much easier to look around and you miminize movement and noise. Only drawback is the weight. I think it's around 15lbs.