Fly,
I use a number of the Hawke gadgets - I have not used this one, but most of their stuff has been decent quality, done what I expected, and has been a positive experience with their company.
We've used a number their items for raffle prizes for fund raising - nobody come back and complained, and there are a few that most certainly would...
I will say there have been a couple trees where having the bow hang down from above would be useful - instead of a straight arm out of the tree - the straight arm (and folded) is still in the way for a seated shot back to my rear behind the stand.
YMMV