I wouldn't classify it as "good". It's an inexpensive, consumer grade model which, if you have a smaller camera, or basic DSLR with 18-55 or similar kit lens will be adequate at best. Tripods are a great deal on the used market, often allowing you to pick up deals at fifty cents on the dollar or better, but poor quality is always poor quality. Look for names such as Manfrotto, Bogen and Giottos, and check the model's capability on the company's website. You want one that's rated for at least twice the weight of your heaviest lens & body combination.
Remember too that better tripods come as two parts. The legs and the head. To get into the "good" range, you should expect to pay at least $250 - 300 for a set of legs and head new, and probably $100+ used.