MS 2003 : As good as you'd expect for the price.

I bought this as a back-up, along with some more expensive ones - although it doesn't feel as good, or as srtong, it will hold a mic for a good length of time without much trouble.

For something like an SM58, this will be fine - it's tall enogh for standing singers, it can go low enogh to record an amp on the floor - I wouldn't exactly trust it to support a Neumann, but for most things (particularly in a live environment) this should suffice.

I don't expect it to last for that long (unless you're really careful with it) if you use it as your main mic stand, but you should get a year or two out of it before anything starts to fall apart, depending on how you use it, and how often. Great for casual users/beginners.

It does feel reasonably sure-footed, and won't spontaneously fall over, but the rubber on the end of the legs is hard and not very grippy, and it actually warns you that it may stain wood floors.

For serious gigging, or studio use, I'd go for something a little more expensive - something that will likely last longer, and can support heavy condenser microphones.