Is it possible that one stand could prop up an iPad in almost any situation? Tim Gushue, the man behind the Infinite Loop, thinks so, as do more than 1,000 Kickstarter backers.

Gushue’s Infinite Loop is still open for funding on Kickstarter until the clock strikes 1:47 a.m. (EDT) on Friday, July 22. The project has had no trouble finding backers, it raised over $67,000 to date, and has more than doubled its original goal of $27,500.

According to its design specs, the Infinite Loop is made from “patented co-molded metal and plastic form that can easily bend to any shape.” When the iPad is propped in the stand, users should be able to view the iPad at practically any angle. A user can adjust the loops to fit around the back of a car head rest to help make long car trips bearable for the kids, or on to the gym’s elliptical to make cardio less loathsome for adults.

The flexible loop attaches to the iPad via clips or velcro. It rolls up into a compact circle for easy storage.

The Infinite Loop comes in two sizes. The MiniLoop was designed for smart phones. The full-sized InfiniteLoop will fit either generation of iPad as well as most other tablets and all Kindle models.

The Infinite Loop looks as if it could be a promising solution for every day iPad use. The project’s long-term success may depend on how well the suction cups and hooks attach to the iPad.

Backers who pledge at the $35.00 level will save $9.95 off the retail price once the Infinite Loop is released. For $75.00 backers get limited edition black versions of  the Infinite Loop, plus the MiniLoop and free shipping.

How happy are you with your current iPad stand? Are you as intrigued as the Kickstarters are by the Infinite Loop? Let us know in the comments.

This post is part of our recurring PadGadget Kickstarter series. Find out how you can submit a Kickstarter project or get more info on this series by clicking here.