I seem to have it both ways. I have the vertical stand, which i like to use when its vertical of course(and the fact i dont want to just waste a good 20 bucks.) And then I place it in the original horizontal stance once I get tired of it being vertical.
BTW, I like the horizontal stance better. It sucks when freinds try to put a game in your console and they DROP THE FUQING GAME! I get very annoyed.