NEW/EDITED REVIEW: So it broke after a few months of light hobby use. I use it to hold my main iron when soldering guitar pickups and I made a guitar pedal out of it. However, I've used it a little more than a few times. The tube protecting the iron started falling out randomly, it's fine, I just put it back in place. But the main part/mug holding the iron started to crumble. The part that engages the metal stand literally fell apart. I am very disappointed because without it the stand is almost useless now. If you're considering this option because it's inexpensive, I'll probably spend more money and buy a better quality stand. however, it does not tip over from the front. Holds a couple of my irons well and the brass wadding seems to be of decent quality. After reading some of the other reviews I was concerned that some of the parts might break and my brass mug was dented. Overall it's not that big of a deal because it doesn't affect how I'm going to use it, but that's why I gave it 4/5 stars anyway.
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