Hi Hydro38 !
I think the nature of bartops is such that a 2-player setup might not be the best one to apply to such a machine.
People here have chosen to widen the control panel, so that joysticks and buttons be a little farther from one another.
But I haven't ever seen a 2-player bartop actually played, and in optimal playing condition, except perhaps if children would play.
Adults with wider builds would perhaps have a hard time.
There's this set of plans, if you're interested, on my forum :
http://bartopmania.com/index.php?t=msg&th=45&start=0&You would perhaps find other info, such as a proper button layout for hyperspin, because there are top-notch bartops builders there, too, and as helpful as on this here great site.

Between the two sources, you'll be assured to find advice.
Xarcade kit... Well, is it because you don't know better, are short on cash or because they provide a full kit ? There are also better altenatives. I can say that because I chose to buy this same kit for my first bartop and ended up with much better accessories.
Look for RandyT, a member here, and site is groovygamegear.com. He's got VERY good stuff and prices are ok. Plus the guy is friendly and ships orders FAST !