I have come to trust this stand quickly over the weeks.
I use it for personal use and move it about once a week, get it out of the bag (sold separately) fold it open, slide in the top part, set my guitar neck in there and just let go with full confidence. (Yes I do care a lot about my guitar)
The top part can tilt about 15 degrees to the left and is a bit squeaky from moving it about a bunch, but this takes away nothing from the rock solid thing this is.
The bottom part folds open rather difficultly, but I rather have this than the other way around. I can also lube it to fix that.
It's more expensive than the 15 eur alternatives which are thinner and wobbly, but I fear for my guitar's life in those things, while this has my full trust to keep my precious guitar safe. Never going back