Thinking about a small, portable tripod sort of thing

I have a fairly cheap little stiff-legged one that I got for digitals many years ago, but it doesn't allow much variation in terms of angle, and, well, if you want to put an East German SLR from the 80s on it, you have to balance things very carefully if you don't want it all falling over and breaking your foot.

I remember people going on about the Gorillapod a while ago; is that still good?