Correct me if I'm wrong, but it looks like if I'm going to go with 4 X-Arcade 4/8 Way Joysticks
I'd avoid those since there have been a number of quality/gameplay complaints.
Also, you're already ordering your encoder from a different vendor.
Better quality stick + not having to pay separate shipping = win. YMMV.
and a total of 30 buttons then one Lono2 would take care of that (if they become available again), or I could use a duo of Key-Wiz's. Is this correct or am I messing up the math confusing what counts as how many inputs 
In your original post, you mentioned you wanted this for your panel
16 inputs - 4 inputs/joystick x 4 players
24 inputs - 6 buttons x 4 players
8 inputs - Coin/start buttons x 4 players
2+? inputs - Exit, Pause, maybe other admin buttons like Enter, Menu?
----
50+? inputs
Since you have 6 buttons for P3 and P4, I'm guessing that you want to run some other emulators as well as MAME. (Max # buttons used by P3 in MAME = 4, same for P4)
Depending on the emulator you want to use, some are less configurable than MAME and may require keyboard inputs instead of HID gamepad button inputs.
There are programs like Joy2key and Xpadder that can convert gamepad inputs to keystrokes.
Bryan just restocked the Lono2.
The other option to consider is the
IPac4. (56 inputs
, same as the Lono2)
The 2 KeyWiz option will be more expensive and since the KeyWiz has to reload any changes to the default keymap on bootup, it isn't the best choice for this particular build.
Scott
EDIT: Misread the Lono2 specs on Paradise. -- Thanks for the clarification, Nep.