The consensus seems to be that aero bars are most definately worth it. HOWEVER, I have been told by several people that aero bars do not work well with road bikes because the seat tube angle isn't steep enough. Is there any truth to this? I ride a Cannondale CAAD8, btw.
No. the angle is different (i.e., not as steep or "forward" but many many many people put aero bars on road bikes and do quite well.
Also, I've noticed that I will pass guys on aero bars during the climbs, then they sail past me on the downhill. What's the story on that? Do aero bars make climbing more difficult due to the position?
I'd venture it's got nothing to do with aero bars since, after a certain grade, you shouldn't be climbing in the aero position. If you're passing someone that is climbing an 8% grade in aero, then yeah, it's probably due to aero bars. Maybe they're heavier than you. Maybe you're a better climber and chicken out on the descent Too many factors.
There are like 14,987,856.9 different styles of aero bar. What are the selection factors that need to be looked at when choosing between them all? Do you need to take seat tube angle into consideration?
First, what's your price range. Second, how much does weight matter. Then fit is also important - how comfortable is it? S bars? etc etc etc.
Lastly, how do you fit aero bars? How do you know you are in the right position? As I am sure is blatantly obvious, I have never been on a bike with aero bars. So, what is the skinny on these things?
Go to your local bike shop and get a proper fitting