This guitar multistand holds as many guitars as you can fit in, the 5 is just an approximation based on amount of slots. I have two multistands at the studio, and compared to my other multistand which is made by Gravity, this is super simple, sturdy and doesn't lose its bits in the transport.
Why less than 5 stars, then? Because the stand is black, not colourless/silicone which would be better for nitrocellulose lacquered guitars. In the long run the stand may colour guitars.