Originally Posted by Samurai Jack
No, no, no. A squat rack is next to useless without an Olympic set. They're so wide you'll find you can't get your standard bar on them as the weight plates will be centered exactly where your pins are on the rack!
Come on guys, am I the only one who lifts here?!? :p
Go with buying an Olympic set if you intend to eventually buy a squat rack. You can get 300 lbs. for your price range and work your dead-lifts like hell until you get a squat-rack next year. By then you may decide you don't need one.