I used to use something a bit more refined designed as a proprietary stem for Gazelle, called a Switch. Loved it. Instant ergonomic adjustment.Set my personal ton-up truck-assisted downhill bike speed record (I wouldn't want you guys to think I change in a phone box before I mount my bike) by flipping the handlebars way forward and down with the Switch, and rotating them in the Switch until the grips pointed almost to the ground, to give me a sloping-forward back, very aerodynamic.
But, though you can sometimes buy the Switch in the aftermarket as a spare part, as far as I know the Switch only works on 1" threaded headsets; it's a one-piece design all the way down to the expanding plug inside the steerer tube, not a clamp-on like a modern A-headset.
However, any Humpert part is good, even if made in Taiwan to an existing design, as the one under discussion here is; Humpert supervises manufacture and you get German quality for only a modest premium over Chinese prices. Utopia fits Humpert stems as standard, and until I switched to the Swiss n'lock I rode on an optional adjustable Humpert stem amusingly called the X-tasy, a hefty touring stem that you would clearly leave to your grandchildren.
I think you can tell that I like Humpert components: my fave is the copy of their own S6 headset that Cane Creek makes for Humpert: I have one on my everyday bike and wouldn't ever get anything else. (No, you can't have it in exchange for your new Chris King.)
So, yes, I think the component shown, though I have no direct experience of that particular model, if it comes from Humpert, will do well.
