easyupbug 

To me and perhaps others, the only Tern I have seen in the flesh was as nicely built as my customs, with welding and paint/decals done by craftsmen who clearly cares, lovely polished fenders and rims and to my taste very nice leather grips, as opposed to my LeMond Zurich with weld splatter under the paint. There is absolutely nothing wrong with a Wald rack and one can not beat it for being useful and economical, a benefit to the majority of cyclists. However, splurging on a very nice pricey rack for the Tern is something I can appreciate.