Park Tool DAG-3 Derailleur Hanger Alignment Gauge
The latest updated version of the Park Derailleur Alignment Gauge
 
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Improvements over the DAG-2.2

This is the NEW DAG-3, It is an indispensable shop tool that can be used to both measure and straighten misaligned derailleur hangers, solving noisy drive trains and a high percentage of shifting problems.