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first of all, i use this with a canon powershot s3is which is a rather heavy digital camera, so it you've got a light and compact camera, you might not have the problem i'm having.
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read someone's review that said it would tip over because it wasn't balanced or whatever, but that is not the case with a very compact camera (4 oz.) the camera doesn't cause it to drop of anything.
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also functional as a tripod for light compact cameras.
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it was designed for handheld electronic gadgets such as compact cameras, cell phones, mp3/mp4 players, pdas and the like.
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the original is much smaller, though my girlfriend reports that it works just fine with her more compact camera.
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Positives:
Nice Versatility, Lightweight, Great Affordability, Maximum Load: 6.6 lbs.,0.61 lbs.