Tried it first but it kept saying it didnt recognize my joystick... Spent about an hour trying to configure till i switched to JoyToKey. Did you run into this at all?
I've only ever used x360ce with a steering wheel. Didn't have any issues though.
My stand up cab uses hacked xbox360 fightpads.
It works great for steam games (which don't require analog or dual stick control).
...but it brings with it a different set of headaches for some emulators and older games.