Marginal IMHO.
But then I subscribe to the theory that overkill is underrated.
HF currently has their 1-ton foldable stand on sale for $120.

Also keep in mind how tall the engine is.
if you set it up on the stand with the crank level with the stand pivot, it's going to want to flop over with the head down. Set it up as low on the stand as you can. There have been some discussions on here before about it.

regards,
Leon