This looks nice enough, but it's pretty unnecessary when you can find alternatives for less than half the price. As someone said, banana hangers work well, and I found a nice, heavy based, free standing toilet paper holder for $12.95 at Marshall's. Works great for both my K7xx and OM2s.
ChicosnowThis made me think to try to use my towel holder. The base is not wide enough and can tip over with only one headphone on. I center it but having headphones falling on the floor is worse than leaving them on a flat surface. It's nice to see what a stand would look like though.