That pretty much covers it.
I've seen a few guys mention that the CS is useless if you bike is lowered. I do not agree. My bike is down pretty low and i still use the stand for wrenching and storage. It is MUCH harder to get it on the stand with the bike this low. Proper procedure helps. A 2x4 under the tire makes it easy as can be.
i can get the bike up on the CS (1" front, 1.5" rear), but my poor 30" inseam makes getting it down tougher!