I bought this stand because it can be folded into something really small, unlike some other stands that remain quite large and wide.
The stand is of high quality, it's K&M so it won't brak down any time soon. Does not tip over unless you really put some effort into it.
It can go high enough so it can hold flying V's.
The only downside is that there is no "body cushion" to keep the body of the guitar not touching the main rod of the stand, especially for V-shape guitars because they either rest with both wings on the bottom legs or with the back of the body against the main rod. The first method is a bit precise and close to the floor, the second way is not that bad if you could put some sort of foam on the rod itself.
I guess for normal guitars there would be no issues but if you have a V-shape guitar, there are things to be considered.