Good construction, fits our existing hammock stand just fine.  Make sure you give it a good stretch. If you try to just put it up and sit in it, you may end up on the ground.  There is a lot of give in the rope - it's supposed to.  Once it is stretched out, it will be perfect.

Pros: Great price, simple to install.
Cons: Will not last more than a season or two, it is left out in the elements.  But inexpensive enough to replace.