On the whole this is a great stand in a beautiful form factor, and leaving lots of space underneath for pedals and your legs. I'm very happy with my purchase, and much prefer it to my cross-legged folding stand.
There are, however, two (minor) drawbacks:
1. Its not a folding stand, so there is some assembly and disassembly required when travelling with it.
2. There are extensions to turn it into a stand suitable for playing while standing up, however I'm 5ft 10in and these aren't quite long enough to allow me to stand comfortably - I still have to stoop a little. So if you are taller than me beware!
In summary, if you are using it in a seated position and aren't travelling a lot with it, its definitely worth the money.