The tripod do have a name... its VICTORY 3001
I bought the same from DX last year after going through the aforementioned discussions in this forum.Pros:
pretty sturdy and stable; comparatively light for travel; comes with a nice adjustable sling bag; look of any high end professional model; Manfrotto ball head compatible; DX ships items labelled as "Gift" with content price mentioned as less than 10$, nice trick to dodge the custom duty
the strap of the bag tore off from it's attachment after a few use, so had to be reinforced from a local shop; the base plate wobbled a bit, so the screw had to be shortened and tightened; no pegs at the end of legs; no weight hook; the shipping took me around 30 days (the maximum time was at local customs); the packaging took much insult during transit which perforated the packaging and scarred many places of the bag, but the tripod was intact.
I recommended it to many friends interested in cheaper solutions, and would do so to you too. But frankly speaking I have never tested with anything heavier than 1.5kg and upto that never noticed any wobble or creep. And for rest you can go through the discussions by Amit in the thread.