Is the Opteka quick flip flash bracket any good?

I’m looking to buy a light flash setup for my dSLR besides my SB400 just sitting on top, and I want to get a bracket and a soft box for it, but finding a good (fair priced at that) bracket is no easy task, and I came across this awesome ebay deal with what I just discovered to be this “Opteka quick flip bracket”, which is really cheap, just under $30..

http://www.amazon.com/Opteka-Collapsable-Bracket-Digital-Speedlight/dp/B001EXKJHG/ref=sr_1_24?ie=UTF8&s=photo&qid=1229657866&sr=1-24#productPromotions