I got my new Stromberg Carlson CL-36 Extend-A-Line
for $73.28 USD. They offer free shipping for orders over $100 or more, so I ordered 2 Blue Streaks as well.
I am happy to report that the most difficult part of the installation was getting it out of the box. It mounted it to my ladder by tightening a single knob. The arms deployed easily and it has a nice system to keep them in place at the desired spacing.
Stowing is a breeze. Close the arms by lifting and swinging them to the end, use the attached velcro wraps to secure them together, then loosen the knob to remove the unit. It stows or installs in under a minute and I find the velcro straps a really nice touch that allows clean stowing.
The rack is a little on the heavy side but that sturdiness is necessary to support wet clothes and towels. It sure beats stringing lines and using awning arms to dry my families stuff!
Be sure you have about 50" of storage to stow it. I ended up having to use a pass through. They have a shorter model with 30" arms instead of the 40" if that is a problem. If you don't have a ladder, Stromberg Carlson offers different mount options
Although I cannot confirm durability as of yet, I highly recommend this product.