I needed a stand for my collection, so there we go. It's very cheap, but well made and stands firmly on the ground, unless you want to hit it with a baseball bat.
The description says it's for up to 5 instruments, but it's not exactly true. Mine has actually 7 holders and 6 "separators", so I can use it for up to 7 guitars, unless I wanted to put an acoustic there as well, then it wouldn't work. I don't really get it, as the dimensions of my unit match the description of this product, however there is also the 7-guitar version (GS-107B), which is wider than mine.
Either it's somewhat of a mistake on part of the manufacturer and I got a couple of extras, or this stand is actually designed for more guitars than advertised.
Anyway, I'm very happy with the purchase.