Looks nice, Ive seen stands that weren't half as nice cost more than $75.
Id leave it unfinished since it wont rust, Or at the most a coat of rattle can paint job for a few bucks more.
I could be wrong here, But i think id like steel arms replace the wood as it would be much more durable and yet not add much more weight.
I had my mom one her first shot at a brand new target holder i paid $20 for that was plastic and it broke right in half at the base. I used that thing all last summer and didn't mind taping it together every time since it was my 64 year old mom who is on oxygen and a walker and shot it with her 9mm, Memories
She got mad respect at the range that day!
Im cheaper than you Grog, I use those "House for sale" signs that people steal. Ive been waiting on one as i personally wont do that and someone left one behind at the outdoor range today and the RO said its all mine if i wanted it. SCORE!