I got this stand to check it out since it is so cheap. If it weren't for a couple annoying things I would say it is kind of a bargain. The annoying stuff is first you will probably need an adapter if you regularly swap mic clips, because it comes with 5/8" thread as noted, which isn't the most common thread (at least in europe) in my experience. Second, the center extendable part (the one you adjust for height), while feeling secure, it is a bit wobbly because it looks like the thinner pipe just grinds against the bigger outer pipe. That might not be a big deal if the stand is stationary on a stable floor, but on a bouncing floor it might cause bumping noises in the mounted mic. I use this in a rehearsal/project studio for a drum overhead mic, but the floor is tiled with thick carpet on top, so it doesn't bounce at all.
Honestly being that cheap I was prepared for the worst but it is actually a decent stand for light use and if you don't abuse it a lot it seems like it will last. The plastic feels ok, its parts don't look like they will break after a few turns and it's also not a pain to adjust it if you need to. It can hold some weight too actually and without the need to crank the screws to oblivion, which is sometimes an issue even with much pricier stands. If it's stationary it will certainly hold up for long, but even if not, I feel it would be ok to use in a rehearsal space if you're careful. I wouldn't trust it much for live use because life on stage for stands is tough :D. Perhaps some light use in something like a school play would be ok though. I might consider getting a couple more of these for rehearsals at some point.