If you're going to buy the official stand you've got to expect to payout a little bit extra cash, which I don't regret doing.
I found the easiest way to set-up the stand was by the following steps:
1) With everything unplugged from the PS4, place the PS4 upside down vertically (gloss side down, matte side up).
2) Align the stand and push down firmly.
3) Finally, turn the dials to "lock" and you're done!
The stands lock mechanism keeps the two bonded securely, so you don't have to worry about the PS4 sliding off if you were to accidentally knock it.
Finally, the stand & PS4 both really compliment each other which makes them look as if they are one whole unit.