This stand is reasonably ok, but I have found it to be slightly less stable than I would like.
It can be a bit fiddly when the maximum 3 guitars are on it, its easy to scrape one against the other. Maybe if there were dividers on the base support as well as for the necks, that would be the job.
The hinges have held up ok, it gets thrown around a lot - into the van and back out again, and it has shown no sign of falling apart.
If I put a very heavy instrument in (an electric standup - I shouldn't do it but stage space is too limited to use a dedicated stand), it occasionally starts to topple over, and I have taken to wedging one of the protruding feet under an amp or PA stand just in case. I did consider whether it would be good to be able to extend the length of the feet backwards to move the centre of gravity.