I have one of these on order...it hasn't arrived yet...and I already recommened to my friend to buy one. I would assume there are detailed instructions on how to wire it?
Yeah, it's simple. Assuming you want the default MAME mappings, here's how you do it.
While you're waiting for it to arrive, see
http://www.groovygamegear.com/Page2.html the picture is for the Eco, but the terminals are the same on the max - You have U,D,L,and R for the two joysticks on the right hand side, and player one buttons 1 thru 8 on the left hand side, across the bottom, inputs A through H are Player 2 buttons 1 thru 8, and I through P are misc buttons. The four terminals at the top are two grounds, +5V, and Shazaaam!.
See the bottom figure on
http://www.groovygamegear.com/screenshots.html for the default key assignments.
Basically, you run a single wire from the KeyWiz 1 terminal to the NO (Normally Open) contact of P1 Button 1, a second single wire from the KeyWiz 2 terminal to the NO contact of P1 Button 2, etc.
Then you just run a loop of wire from the G (Gnd) terminal (either or both) to the GND or COM (Common) terminal of each micro-switch (or leaf switch).
Plug it into the PS/2 port and you should be good to go.