This stand is very light and I can't really comment on how it would stand the rigors on the road since I only use it in a studio, but the low weight might be misleading and it might just as well be sturdy.
I bought it so I could have a stand for my Epiphone Thunderbird since the odd shape isn't compatible with the typical stands and for that use it's perfect. Of course it can also be used with any instrument as long as the headstock isn't very thin and to my knowledge, hanging an instrument by the headstock is the best way for the instrument to rest so in that way it's better then the typical stand.
My only complaint is that the piece of foam that the back of the headstock rests could be thicker so that the instrument would get some distance from the plastic. I found that out when I tried hanging my 5-string Warwick Corvette, which has one machine head very close to the lower part of the headstock and instead of the instrument hanging from the litle rods as it should, some of the weight pushes the machine head against the plastic in the back of the stand. With thicker foam there, there wouldn't be an issue, but I can think of a couple of cheap modifications that could fix that.
Anyway...all in all, it's probably the cheapest stand in that style that you can get. My guess is that stands from Hercules or K&M would be (or at least feel) sturdier, but they cost much more and that doesn't mean that this stand is bad at all. Personally, if I was using it on the road constantly and if I had a very expensive instrument, I would probably try out some of the more expensive stands just to feel more safe, but for the studio and some light/medium giging, this is great.
Forgot to mention... Bonus points for the very compact size when collapsed. It isn't shown in the photos, but this stand occupies very little space when collapsed, with nothing noticeably sticking out.