Wouldn't it make more sense to do it the other way around?
Strip the motor and ect out of the g25 and mount it on the arcade wheel.
Just my 2 cents.
Due to the way it's designed, it's really not that easy.
Everything is held together by the bottom half of the shell.
It uses a rack and pinion for the stops and if it is one tooth off, it fails calibration.
The 900 degrees of rotation that it needs to pass calibration on startup would also be a PITA to overcome.
I think you're on the right track as far as making it work with minimal hassle. I'd shop go-cart parts.
They make 3/4" hollow shafts if you wanted to try to keep the paddle shifters and buttons on the wheel.
Figuring out how to keep the wires from being fatigued by being rotated at the other end would be a serious issue to overcome.
If you put a gear on the other end instead of mating it straight to the G25, you could use one of these:
http://groovygamegear.com/webstore/index.php?main_page=product_info&products_id=382You'd have to use a two gears with the same tooth count on the G25 & steering shaft, then one in between.
That would keep it from being reversed or rotating more/less than it should.
Of course you don't have to have buttons and paddle shifters.