I've had this for a year now, but I have only used it a handful of times. It is is almost perfect shape, with the exception of a few minor scuffs but nothing major at all.
It holds two guitars or bass with ease. Another good thing is that if you only have one guitar on it, it doesn't tip and fall. The weight is balanced greatly.
Picture of it collapsed:
And in standing position (bass not included):
$30+shipping