I bought some Speed Bleeders the other day at Automotive Engineering (what a place!) and let me just say...HELL YA!!
No longer do I have to convince people passing by to pump my brakes give beer to friends for helping; I only need myself!! I bled my brake system in 5minutes and didnt once have to yell UP or DOWN. I feel so spoiled...

My only concern is the thread sealant on bleeder screw. The guy at Automotive Engineering didnt understand what I was getting at but when you open the bleeder screw air can be sucked in past the threads this is the reason Speed Bleeders are coated with a thread sealant. Anyways my concern is when opening and closing the bleeder screw eventually the sealant is going to wear off. No biggie though I dont plan on bleeding my brakes more than once a year and I guess liquid teflon will do the trick just as well.