Received this stand recently and I was impressed with how well it holds my bass. All contact points are padded and the rubber padding also provides good traction against the surface of the bass to hold it securely in place.
The stand leaves enough clearance for the endpin to rest clear of the floor and it seems well constructed with quality materials. It is also really easy to fold down and transport. It comes ready assembled so putting it up was very simple.
The price on Thomann for this stand was excellent - almost half of what some other retailers are charging. Service was excellent too. For home use I would rate it first class. There are no upper bars to the stand which may make it a little more vulnerable at performance venues. However, the Hercules does seem to hold the bass pretty securely so it would need a substantial knock to topple it. I'm not sure any stand would guard against that. There is actually a handy and very visible yellow bracket cover at the rear of the stand which will help prevent clumsy bypassers catching it with their feet.
I bought this on the recommendation of another Double Bass player and I have not been disappointed. In short it is a simple, solid and secure solution to safely resting your Double Bass.