This is a simple, but fantastic product.
The clamping system is far better than other stick holders I've used previously. I use this with my new Roland TD-25KV electronic drum kit - the rack for the Roland kit is made up of metal tubes with a fairly big circumference and I don't think many (if any) other stick holders would actually fit on the frame, but this does the trick very nicely.
In a live setting, the separate holder for each stick would make recovering a stick drop very easy.
If you need something to hold multiple sets of sticks then this isn't the product for you, but otherwise it's a definite winner!
