Ahh, yes sadly that is often the case... It's not just DIYers doin it though, people will buy inexpensive bookshelves and the like with the shelves held in place solely by fasteners in the ends of the shelves and use that as an aquarium stand :eek1: Hahah, actually my brother had a 25gal on this rickety old end table thing, built just that way. Made me nervous every time I saw it! He's now got my 29gal freshy setup with a proper stand (my DIY MDF unit). On that note, I made that stand out of 3/4" MDF, primarily glued construction, with a double thickness laminated top panel (total 1.5" thick MDF surface). Has 1 coat of primer, 2 coats of quality latex Kitch & Bath paint (actually 2 more now since it's changed color!). Has been in service for a good 5 years, had water splashed all over it, some of which has sat till its evaporated. No issues with swelling or any structural problems over time. I've attached a screenshot of its model (strangely I don't have any photos of the actual stand, only the tank on top of it!), though as you'll see it's a fairly simple design so it's pretty easy to ensure a good seal on all edges and faces ensuring that the water never makes it to the base material.
For fun I've also thrown up a screenshot of the stand I'm designing for my new reef setup. It'll be made out of a combination of veneered ply and 3/4" MDF, with material placement based on its aesthetic and structural properties. It's pretty tough to see exactly how it's built from that shot, but I can provide more info if anyone's interested. Enjoy!