I have the PS4 Pro and the PS4 VR V2. The PS4 fits snugly with the arm that pinches down on it to hold different consoles. The DualShock controllers literally just fall into their chargers, I didn't think they had connected until I tried to pull one off. The move controllers fit very loosely, but they have a slot where the arm strap is to hold them in place and keep them from moving. The VR stand is not as stable as I'd like (considering I have two crazy cats), and the VR just sits on top, resting on that and the PS4.

The only problem I ran into was with the VR V2 processor slot. When the processor is in and all the cords are connected, they hit the controller in the back and push it off it's charger. They included a V2 processor adapter for the slot, if it's installed with the extra space towards the back (reference pictures), it somewhat helps, but you have to make sure you really push the controller down.

What I do really like is the lights on the front indicating the charge level and what is and isn't charging. The fans for the PS4 and processor also seem pretty powerful.

The product arrived on time, and works as it should.
After reading some of the reviews I was pretty concerned on some of these issues, so I waited a few weeks to give my own review:
These are my findings;
The assembly was easy. There are only three pieces. They just slide together, look at the picture on the box, you don't need instructions.
My headset has never fallen off of the holder. ( I have a six year old that's into everything... all the time.)
Yes, there are a lot of wires that go to the two combined systems. That's not a product design deficiency with the stand, nor does this issue hinder the use of any of the charging ports.

I initially unpacked the stand and was happy with it however with the VR processor as shown it blocked one of the controller charging ports. I turned the base around and reversed the VR Goggle holder and it is perfect. Leaving the odd double USB plug on the base disconnected, you will need to provide a usb charging brick along with the cable they provide. (Preferably one with enough power. I used a iPad charger or you can plug in front of the PS4)This leaves you SS usb free and gives you 4 extra USB ports in back.

Buy this and set it up as outlined. You won't regret it. See photos

This thing has helped me organize my gaming equipment in a much smaller foot print. Works for me!
Updated Feb 2018: The seller had contacted me about the version of VR headset I had. Evidently, the stand was set up for the first version. I have the second version. The control box for the VR didn't fit in the stand perfectly but I could live with it. The seller confirmed I had the second version and sent me an insert, making the marriage of the control box to the stand more secure.

I am impressed they had contacted me on their own. Great customer service!

I was very disappointed in this charging stand. I was trying to find the one stand to rule them all, and this wasn't it. In theory, it's great. In reality, it has several flaws that are hard to overlook.

1. It doesn't come with any instructions or manual. The only thing that helped was I found an unboxing video on YouTube for the same stand made by a different company. Still, it didn't explain all of the cords and USB outlets. I think I eventually figured it out, but there's this USB cord that split into two, and I still have no idea what it's for.

2. It comes with a very short power supply cord. Less than 2 feet long, and the end connection is a USB. So you also have to provide a USB wall outlet for this to work. Luckily I had a few lying around, but this seems like a very simple oversight. Why not just provide an adequate plug-in with a decent length, like every other electronic on the face of the earth comes with.

3. I purchased the Skyrim bundle, and it comes with the Version 2 headset and apparently a wider VR box. This new wider box will not fit into the intended slot. Instead, it rests in there halfway, and leans on the PS4 unit.

4. The plastic piece that the headset rests on is far too skinny. A sneeze from a mouse will make your headset topple off the stand, and the headset is far too expensive for that to happen. I plan up supergluing some wider plastic pieces to the sides to prevent this from happening.

Overall, not satisfied with this purchase, and I plan on returning it.