No but seriously, it does the job.
I have some preeetty nice stringed instruments hanging in my studio wall off of these. I was like, should I get the super over priced one?
I didn't and I haven't regretted it one single day.
None of my guitars or basses has smacked into the floor yet.
I have a really freckin' heavy bass that makes you at least an inch shorter after two songs playing it, that are still hanging strong.