The cable is quite cheap, I use it for connecting the loop of my amplifier to my pedalboard with one short cable with 2 jacks, the colors are very useful to avoid wrong connection; it is ok for my room, I would not bring it to a studio or live, it is not robust and would probably fail with stress.
But the cost is very low so it is perfect for house use.
The only thing I would change, is the amount of cable from the jack to the junction, it is a bit too short.