Leofoto is a Chinese corporation that directly rips off it's competitors. They directly ripped off RRS, going as far as stealing the SOAR name of the RRS shooting product line, and directly copying their products.
I would never recommend Leofoto, not with their company ethics (or lack thereof). I completely understand people not wanting or needing to spend the money on RRS, but I could never support a company that makes knock off products. In PRS comps, people have also experienced reliability issues with Leofoto tripods. I think rugbydave can speak to that from first hand experience. But I've heard of lots of people having problems with Leofotos when the conditions aren't the greatest.
^^^This^^^