It's definitely good for its value. The only problem is that it's made entirely of plastic and the holding mechanism seems a bit flimsy. I hope it lasts. I wouldn't use the cold shoe mounts unless the attachment is very very light.

Overall, it does its job just fine, just keep in mind that it is a plastic stand, with decent quality of course, but still plastic. So you understand, don't hang more than ten accessories together with your phone. But in general, it's just fine and for its price, I think it's worth it.