The stand is very sturdy, great stand, nothing special. It's nice and comes in a decent bag.
The microphone though, is absolutely amazing. I use it all the time, I've had people come over to do vocal recordings with it and they could barely believe me when I told them how much it cost.
The only issue is that it is very sensitive to direction and distance. even a little bit more then other dynamic mics. If you have someone singing or talking in it who has decent mic technique, this isn't an issue at all, but otherwise it might be a little awkward to work with.
I'll be using it live soon, but since it's a simple dynamic mic, good enough even for simple recordings, it will probably do great live.