Maybe it will save someone a headache to know that if you use MDF as a material to build the stand you may have a problem painting it. The sides of the MDF, where the cuts are made, soak many paints like a sponge. You will never get them looking flat and shiny if you don't use a proper primer.
Unfortunatelly I cannot suggest one. What I use is an industrial kind of primer that dries in 5-10 min. There is "Alkyd" in the name. Maybe primer/paints that have this word in the name are good too.
Here's what I found as a simple solution: http://www.woodsmithtips.com/2010/06/03/painting-mdf