I really liked this idea, and did a little more searching and found the
Cyberbike for the wii $200 for the bike and software and it is supposed to work with any racing game that uses the traditional controller (gamecube)
But what I really wanted was one for the PS3 or 360
I found out that the same company makes one for the PS3 (bluetooth no less) but it hasn't been released stateside yet, we found it on the
german amazon site for $182 us shipped (pretty good) and it should arrive by the end of january, I'll report back then **crossing fingers** hope it comes through undamaged, it too is supposed to work with any racing game