I have had that exact bike stand since 2010.
Now it gets used for bleeding brakes and stuff, I usually hang our bikes by the saddle off an "I" beam house support for most work.
TBH it works for what I use it for, 10yrs later I have not ever felt the need to get a different one.
On closer inspection, maybe they have cheaped out since 2010, in the picture mine has a metal clamp under the top swivel head, maybe they have went to black metal... or plastic. Though looks like metal in the ad.
View attachment 371535