It's very sturdy, and does not take up an excessive amount of space. It's also very stylish looking, and I was very pleased with the fact that it has open areas on the bottom left and bottom right for my PS3, so it can get ample air flow. The stand as a whole was a bit lower than I was expecting, although the specs for it are correct, it still looks a bit lower than I thought it would when assembled. Not a big deal at all though.
As someone above mentioned, it's fairly heavy, so please be careful when moving it around or assembling it. I didn't think the instructions were particularly specific in some aspects, but it was still easy to assemble regardless. (4/5 stars for Ease of Assembly because of the weight, if you aren't very strong, you will definately need two people to assemble it).
As someone else also mentioned, the silver rings are plastic, which bothered me too, since the rest of the stand was all very high quality (4/5 stars for Workmanship because of them).
Overall, I think this stand is a fantastic deal, and I'd recommend it to anyone looking for a new TV stand.