Jerry, it works well. I have 4 of them. I made it from plans in misbehavin's website. He's the ash hole moderator over at the traxxas forum.
Sorry for interupting your thread, but do you have the plans for that thing, and can you share them with us? I wouldn't mind making my own stand, and I like the way that one looks. Plus you can modify it to sute your own needs once you have a basic setup.