Synthetic stocks can be nice since they are more damage resistant to damage than wood, and can be lighter.
For the average user, folding stocks are a pointless gimick that make them harder to store with other firearms. Folded the stock takes up nearly as much room as another rifle compounded by the darned pistol grip, and unfolded it doesn't balance well and the pistol grip is still in the way.
Only if by folding, you can fit it in a confined space such as a BOB or a length of pvp pipe...is a folding stock worth it.
Another issue with this type of folding stock (Butler Creek does make a nice one!), is it can affect the balance of a rifle for shooting. Not much of a big deal for a .22 but can make a difference for a centerfire. The light wire butt can make a rifle front heavy/barrel heavy, which IMO is not a good thing.