I got this for my guitar with nitro lacquer, since I was tired of having it in the gigbag. Now the guitar sits discretely and pretty in my room.
The stand is stable, there was not much wobble going on mine when on locked position after expanding it, which was a great sign.
The plastic legs seems to grab the floor pretty well, it doesn't want to slide on the floor.
The stuff to protect the nitro lacquer seems very nice, although K&M do not recommend for longer term placement as the nitro wear out the same way it'll wear out when you play it, meaning there will be signs of where the guitar has been sitting on the stand, that's just how thin nitro lacquer is.