The commercial name of this technology is DisplayLink (I believe that the adapter you found is a unlicensed clone, therefore the trademark name has been removed from the sales literature). I had a similar device back when this standard came out in 2007, then I switched to a Thinkvision LT1421 USB monitor because it is powered by the USB port, and I can use it on the move. They both works well, it is even possible to watch low-res video on the USB monitor. The displaylink driver for Windows has no stability issues at all.
There is now a USB 3.0 DisplayLink chip with far better resolution and speed, but I haven't feel the need to upgrade. I also bought the displaylink app for iPad; it uses the ethernet variant of the DisplayLink protocol to convert the iPad as a secondary monitor for the PC; it is very handy sometimes.
I never tried to connect my displaylink monitor to the raspberry, but it seems to be fairly simple according to Google results (rebuild the kernel and enable DisplayLink support).
By the way, I am now testing the new Raspberry Pi B+; a very nice improvement over the original. It is also a good RDP thin client.