I was wondering between this one and the Millenium alternative, that's slightly cheaper but not with a chrome finish and at the end decided to pay the little extra and get the original.
I am using it to hold my TD-15 e-drum module to a cymbal stand, though it can hold something much more heavy and big without problems.
I was amazed how much flexibility this clamp provides -
you can position it almost freely the way you need, except of course the distance from the tube, but interestingly - you can control even that in short boundaries, due to the form of the arm...
All in all, this is a solid, quality piece of hardware that looks great and you can tell it will last forever. All the screws and pieces move smoothly and it feels classy.
I would recommended.