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It's worth the £15 but it's very light weight and as some other reviewers have noted the back leg is very short so a slight knock could send it all crashing backwards. For home use it's great, the short leg means it doesn't take up too much space. The foam covers everything needed and there is no risk of your instrument coming into contact with metal. The bottom fork rest swivels easily which was essential for me as I have fender offsets (Jazzmasters) and a Gibson firebird which has the offset the other way so a fixed rest is no good.
Not sure how to answer the ‘thickness’ rating, but this is a great guitar stand. Notably, the body cradle pivots, meaning that my offset guitars (Gibson Firebird and Fender Jazzmaster) are held securely. Importantly, the stand does not appear to react with nitrocellulose finishes.
There is definitely a problem with stability with this guitar stand. The back leg needs to be longer like other stable guitar stands actually have. This would solve all instability problems with this stand. Can I say the word stability perhaps one more time in this review?....YES I can! After all when placing your beloved guitar on a guitar stand it needs STABILITY!