I use a "U" style stand (OTC 2012). It is built like a tank.
Combined with the P201 type of engine yoke, I have no concerns about leaving a 2.4/2.7 hooked up to mine.
I place a piece of plywood across the base rails to support a drip pan to catch oil and keep thing handy. Both items are listed here:
http://www.pelicanparts.com/catalog/shopcart/911E/POR_911E_TOLtol_pg2.htm#item7
BTW, Welcome!
Regards -Ernie