As for attaching the rod to the stand you drill a hole through the handle at the point of were the rod is balanced with line and lure weight included. Figure in the minnow weight (Guess) and drill hole put a dull rod of some sort through the handle. I went to the hardware store and bought some brass dull rods and cut then to the size of the stand top. as for the stand I use a 2" PVC pipe cut a 38" tall only reason is that it gives me the ability to just walk up to the rod and reach down without having to bend over. You cut notches on both sides on the top of the PVC pipe which allows you to set the rod on the top of the stand. your ready to fish.
To set the PVC pipe up near the hole you take the slush from the hole that was drilled and form a ant hill and put the pole in the middle and pack the ice around the pole it will freeze solid. Don't worry the fish can't tip it over the most that will happen if you get a good walleye or pike on is that the rod will tip all the way down and then fly into the hole if you do get it. Hope this helps and have a good ice fishing season, and if you are still wondering on something just go up to someone fishing this and ask. People on the ice are super nice and will help you out.
The down side - they have to be used on balmy days, when the holes won't freeze quickly (late season).
I fished with a group on the Turtle Flambeau for suspended Crappie over deep lake basins, at the end of February 08. I've never seen such a deadly technique or numbers of "monster" Crappie in my life.
Use some type of braid or thin dacron for your main line, then a swivel and 4 or 6 pound fluorocarbon for a leader. Use your electronics to set your hook and split shot or jig and mark your line at the top of the hole with a small bobber. This will help balance the rod in the cradle or there is a removable end cap on the rod to add counter balance weights). You will end-up hand-lining your catch and the dacron or braid will help here. The bobber will help you get back on fish quickly.
Oh and just when I went to take a picture of the TipDown, I got a bite. That's why you see the rod bending down towards the hole.