Why do I use a headphone stand? Simple. To avoid the gradual ware and tear of constantly setting down the headphones on the housing, which, over time, could loosen the drivers inside. These are delicate instruments with fragile parts. If you always set them down on a table, etc, you are causing shock to the housing. Plus, even if you compensate for this by putting them down gently, others you may live with will not. It is just a matter of time before they toss them on the table as they would a cheap cell phone.
And yes, they do look great.
My current favorite, of which I have 2:

