Pros:
* metal legs and rod, feels sturdy
* price is unbeatable
Cons:
* a big one for me - it can't be rotated. It's only stable when screwed very tightly which means the legs are in fixed position and you can't rotate them an inch. Also unscrews very easily.
* clamp is very hard plastic, my Rode M3 almost did not fit in, so I replaced it with my original clamp
In general, you probably won't find better for this price, but I was quite annoyed before I got used to it.