Are Hama tripods any good?

I have seen this tripod in a shop next to our house:

http://www.hama.co.uk/004214/hama-traveller-compact-pro-tripod

Are Hama tripods any good? My budget is a bit tight so Manfrotto tripods are out of question.
I'm not doing anything professional but I'll be doing seascape and long exposure photography mostly. My cameras are Nikon D7000 and Canon 7D. The max.height of the tripod is 163cm and my own height is 178cm so is it ok that it doesn't reach my eye-level? Thanks.

Added (1). Crim Liar: It's an electronic shop and I asked them. They don't know anything about tripods, brands or qualities. This is why I'm asking about it here.

Right, so it's in a nearby shop and you are trying to figure out if it's right for you? Take your camera along and ask to give it a try in the shop!

It's not that much cheaper than a Manfrotto. Hama anything is usually not good.

Cheap tripods are waste of money, frustrating to use and a waste of time, you only have to buy a tripod once in your life if you get a decent one, Manfrotto is about as cheap as I would want to go.

The problem with cheap tripods is they don't stay where you point them, you frame the shot, they droop, you re-frame and they sag, that's what I meant by frustrating to use, they are so bad you just stop using them (waste of money).

Double the cost and get a Manfrotto 190PROB with a 486/RC2 ball head for stills or a pan and tilt for video. Ball heads are fast to use for stills, you frame your shot lock off the ball head and it stays pointing exactly where you set it. With a Pan and Tilt head you have to lock off two or three controls.