The K&M 19772 iPad Tripod, is a very well built quality product.
Essentially K&M have taken a standard Microphone Stand and added a removable iPad Holder to the top.
I play 99% of my music now from my iPad, this saves me having to print out the music and with such brilliant apps as ForScore available from the Apple App Store, when I play in Trios and Quartets all of my fellow players have their iPads and we don't have to use any printed music.
So the Good point of this stand are really all about the Microphone Stand - it folds and unfolds really easily and the thumb screws to raise and lower the middle sections are a good size to be able to apply some pressure but not too much to hold the sections in place.
K&M have done a really good job in the design of the connecting piece behind the iPad holder, which screws onto the top of the Microphone Stand. This is a really well built piece of engineering. Unfortunately the actual plastic iPad holder is not the greatest in my opinion.
This works on a clip in basis and does not allow for any back case to be in place on the iPad. So if like me you have a protective back on your iPad this needs to be removed everytime you use the Stand.
Having said that however, once the iPad is in place the holder rotates to give you both portrait and landscape modes and holds the iPad very securely.
My only other issue with the stand is that when folded down, it is still fairly long. and with the iPad holder attached, pretty bulky, although K&M probably imaged you would remove the iPad holder each time.
All in all I would recommend this stand.