It’s alright quality in general I guess, and I think that you would have an issue with acoustics or even lighter electric guitars.
However, the offset body and weight of my Fender Jaguar was apparently too much for this little piece of gear. After a couple months, it started to be very wobbly, as if both legs were moving away from each other every time I laid the guitar on them.
Over a month after that, it simply broke completely - I once laid the guitar and both legs just separated. The little plastic bit on the top (where the back of the body rests) just disintegrated into bits somehow, leaving hidden screws to dent the laquer on the back of the Jag’. Not cool.
All in all, if you buy something cheap, I guess you can’t complain when it breaks on you. I ended up throwing this one out and putting a little more money to buy one of the Hercules stands (guitars hang by the neck on them, so no problem for offsets) as I would rather invest a little more buck to avoid having to pay for paint jobs on a 1.2k€ guitar.
Though I’m sure if you’ll be using it for acoustics or very light guitars that you don’t pick up too often, it’ll be just perfect.