Grizz/Shop Fox Parrot Vise

Anybody own the Grizzly/Shop Fox Parrot Vise? It looks useful and utilitarian, but I am wondering how sturdy it is seeing that it sells for under $50.
A report based on personal experience (rather than just getting pointed at some online reviews) would be much appreciated.
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Dont have that vise, but if you want a utilitarian vise http://www.cumminstools.com/browse.cfm/4,96.html mount this on the corner of your bench . I just wished they had a bigger one.
Keith
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