Rich,
I own 2 of the older Bigshot's & absolutely love the stands & also the customer service from Buckshot....I needed some new inserts a month ago, called them up, had a very pleasant conversation, & they sent me 4 new ones at n/c.
The new equalizer looks like it is based upon the cable lock mounted on a big threaded rod that you turn to loosen or tighten...I like it..if I didn't have too many stands already I would probably buy one based upon the 10 years of usage from the Bigshot
I got an older buckshot stand.I drilled a hole in the insert bar that lines up with the next hole up from the one that you put the screw in and put a lock through it.Buckshot markets a lock for this purpose,when you put it in ,the shaft is not exsposed to be cut.There is a warning(or maybe a recall)about not adjustng the stand with anyweight on it.
I love my Buckshot "Cadillac". It is the most comfortable stand I have ever sat in. I have an older "Cadillac" and a newer model "Eldorado". Those are the only models I've tried.
The Equalizer is junk. Not to make anyone mad, it's just not what you want in a stand. It's the worst sitting stand and the bottom leveler hits the tree on a sharp tapering tree. Much better stands out there.