I know someone uses this, he seems happy but he does take his bike to the LBS for anything other than "cleaning and tweaking"
There are cheaper, similar stands from about £25 delivered
Either way, I would say that it's OK for minimal use on one bike, I bought similar for regular home workshop use on numerous bikes and some buy / restore / resell projects and although it's still in use it now has lost its grips, needing a piece of inner tube wrapping round the seatpost first, and the stripped clamp bolt (made of Happy Shopper cheddar) replaced by a normal bolt.....it's due for replacement
If it's going to get regular use, a Park PCS-9 is worth the spend. 2nd hand about £50 (
http://www.ebay.co.uk/itm/Park-Tool-PCS-9-/292002217440?hash=item43fcb03de0:g:5tUAAOSwNnRYgOGq) - not mine and no affiliation with the seller
It's a "home mechanic" stand but we use one at work daily for "on the shop floor PDI & new bike assembly" stand (as opposed to the ubiquitous Kestrel in the workshop) and so long as you grease the plastic cone where it inserts into the metal frame now and again, it works as well as it did when it was bought