This is (at the time of sale) the cheapest bongo stand on Thomann. It shows. It's a bit rackety but if you tighten everything well, the bongos won't go anywhere (especially if you use the memory lock on the stand).
A word of caution though - do not tighten the bongo clamp too hard, as the screw will go through the padding and scratch the finish of your bongos without you noticing. It happened to me at least.
In summary: Nice and cheap, it does its job, but the quality is not top notch. Good for the percussionist on a budget