I currently own three microphone stands for my home studio including this one, and it's pretty much perfect for my needs because space is at a bit of a premium.
The round base is reasonably heavy and compact and the construction in general is good.
For most situations stability won't be a problem though obviously the minimal footprint means that it's probably not the best idea to use this stand at 90 degree angles with heavy microphones at full extension as the base isn't heavy enough to withstand that kind of use without toppling over.
I think this microphone stand was described as being good for bass drum applications, and while I'm sure that's the case, I think that's underselling it a bit as I actually got it for mic'ing acoustic guitars (played sitting down on a chair) which it's a really good height for also. When using it for this application, I used it configured for maximum vertical height and found it to be stable.
In addition to using the stand with my acoustic guitar recordings, I also used it when I was doing a vocal microphone shoot out and needed another head height stand. In this case I just stood it on my desk at maximum vertical extension again and it was pretty much perfect.
I'm very pleased with this stand and think it's highly likely that I will buy another one at some point soon.