Nice Rack! Bike Rack That is.
There are a lot of car bike rack companies, Thule, Rocky Mounts, Yakima, all work very well and have been in business a long time. Then one emerges as a little different and take what is good about those racks and rethinks it, Kuat Innovations has done that, making light (11 pounds), sturdy, quick, easy to fold up, and has functions built in (bike lock, hitch lock) that other don't. One of the best features is the ability to adjust based on the frame size and to clamp against the frame allowing a more sturdy carrying position.
hey bikes get updated yearly, maybe its time for your rack to get the same treatment.