This is my first multi-guitar stand, and it works exactly like you would expect, and seems very high quality. It is worth knowing, however, that you have to be somewhat careful in how you put your guitars on the stand. If you don't balance them "just so", so that the guitar makes three points of contact with the stand, you may have an issue where the guitar turns, slips and falls through the bottom of the stand.
For certain guitars, say those stupid, thick high-gloss finish that every guitar now comes with, you'll get a big crack in the guitar and it will look ridiculous. This did not happen to me, but it does take care to avoid, and I'm terrified every time I put one of my guitars with such a finish on this thing.
Point being, it's not quick on, quick off. It's "careful off", and "extremely careful, focused and completely balanced on"
So, there must be a multi-guitar stand that could avoid this issue. May have to design it myself...