It was super-easy to put into use, with zero assembly required, and feels very stable. The quality feels solid as well. It's easy to fold together again and bring with you.
I could comfortably fit: 1 classical guitar + 1 acoustic guitar + 1 fully hollow-bodied guitar + 2 standard electric guitars on it. You could fit 5 classical guitars on it, so there's plenty of room.
As someone already mentioned, you need to place the guitar somewhat carefully in order to find the best balance for it. However, you will have to that regardless of what multi-stand you buy.
In summary, I'm really glad I bought this: it was more economic than the competition, it does the job nicely, it's of good quality, and very portable.