The only think I use SM for is for the off the floor pull-ups, whatever they are called Never tried it for squats. I keep wanting to adopt it for calf rises that are included in insane quantity in the Ultimate Diet 2.0 routines, but am too lazy....
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one big advantage of the smith for me is that my gym is relatively un populated-- if i'm trying to do a really heavy weight that I'm not sure about, the smith we have is "safer" than loading up the bar in an empty gym because it's got little latches on it to catch the bar if it falls too far during bench press or something. otherwise...i prefer the bench and the oly platform.
it's also nice for chin ups when you are too short to reach the chin up bar that some goliath must have mounted ON THE CEILING like 10 feet up. I've never seen anyone use that thing!
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