This stand is simply "right". It is quite compact, and yet the spacing between the guitars is very good.
You get the flexible separator between the guitars, which might help you avoid damage.
The transparent elements which look like plastic on the picture are actually a bit flexible so the guitar "sinks" better in the stand and they do not compress over time like foam does on other stands (which in my opinion is good).
There is also an option to add wheels, so when you have many stands it can be quite useful, but the wheels are sold separately.
The product could be better, these black separators you see are placed on bridge level, imho they could be a little bit bigger and higher. There is no clamp which secures the neck, but to be honest, the transparent material keeps guitar so well that it is probably not needed unless the stands would fall.
The price is a bit expensive, I think it would be ok if the wheels were there, but it is hard to find another stand which has such features.