Actually, Darren, there is a ton of info out there about optical controls. Which is really overkill for the most part, since virtually all of them require only 4 connections. 5vDC, Ground, Data A and Data B. If your trackball has 8 wires coming out of it, it very, very likely has these 4 wires duplicated for each axis. Usually the 5v and ground from each optical board are tied together and brought out into the same connector for 6 wires. But not always.
And I haven't yet found an optical arcade control that the Opti-Wiz hasn't been able to talk to. You should really refrain from making definitive (and speculative as well) statements about products you have never used, and apparently do not understand.
As a side note, optical spinners (the kind which read the surface of a cylinder) are not very accurate. This type of technology is great for a relative pointing device like a mouse, where one routinely re-adjusts the physical position of the device, but probably not for a more absolute control like a spinner. I actually did this and offered them for sale about 8 years ago (might even have an old photo around). But they didn't take off, and in retrospect, it's no wonder. They did work ok and it was an interesting concept back in the days of low-resolution, traditional encoder wheels, but certainly not very impressive by today's standards, given the availability of small, high tech, high resolution and reasonably priced solutions.
If you still want to hack a mouse, by all means do so. They are all different inside. Some work, some don't. The designers don't care that they may not work when you hook your arcade controls to them, because they only need to work with the components they put inside the mouse in question. Additionally, virtually no-one uses a ball mouse anymore, and those are the kind you would be looking for. In the old days, it was common to tear apart a popular mouse brand and document it so it was easy for others to find it "in the wild" and follow suit. Today, there is literally no such animal. You may be able to find the old ball mice (mouses?) from time to time, at a thrift store or a flea market, but hacking is something you'll most likely need to approach on your own, especially if it's not a model that has been documented. You may have success and you may not. Even if you do, you may not be able to find that model again...at least not easily. Those who consider time to be equal to money, obviously find the dedicated controllers to be more attractive because they are documented, reliable and easily sourced. That's the big difference.
RandyT