I bought this stand to use in my home when I was learing how to set-up my guitar. The reason i got this one was the size. It can easily fit into your guitar case, or a drawer if you're using it at home.
What I like about this stand is mostly the size. I have this in my gigbag as soon as I'm leaving my house, just in case a have to change stings or something. At home I use it whenever I decide to adjust anything on my guitar (besides adjustments where the neck needs to be "relaxed").
The only thing I'd change on this is making it a little a litte bit bigger (but still small and able to fit in guitar case) just to give it a bit more stability.