it serves it's purpose. it technically has a weight capacity high enough to hold a rifle and shoot off of but it's obviously not as stable has the high end heavy duty tripods. this comes ready to accept any thing with a 1.5" dovetail (arca) mount. so for you binos you buy a bino tripod adapter like the vortex (cheap) or a outdoorsman bino adapter (more expensive but great). and it just clamps into the mount. then depending on which LRF you have, you can get aluminum or 3D printed arca/picatinny mounts that will clamp into the mount. some LRFs have a threaded hole that screws directly into the plate that comes with this tripod
buddy has this one - also good, but you need to buy a ball head separately
Vanguard Alta+233AO less than 2lbs. and less than $150. I hunt with a similar CF tripod that they discontinued and have made several longer shots using the bino platform as a rifle rest. There are several ways to mount your bins to a tripod. How big are your binoculars and do you need your tripod to be tall enough to stand and use? I glass from a sitting position so I do not need a tall set up.