I use this stand to hold my Meinl HB100VSB bongos in front of a pair of congas and it's excellent!
The horizontal (foam covered) bar that the bongos sit on is probably the key feature - stopping the the drums tilting as you play. I've used cheaper bongo stands and have had to continually re-adjust the stand during playing - but not with this stand.
That continual movement with my old stand led to the other problem with it - the clamp was open at the top, so clamping the bongos harder to try to stop the movement bent the U-shaped clamp itself, exacerbating the problem. This stand gets around that with a metal strap that goes over the top of the clamp. The strap is a (little) bit fiddly to fit, but once on, it's not going anywhere.
All in all, this is an excellent stand if you play your bongos standing up.