So they have released new versions of jconfig for WR and CH2 which now allow analog control.
Here's what you have to do...
Replace the files in your game folder with the new ones.
Go into Jconfig for each game, map your controls.
Go to settings and turn "Fake Analog" off.
Go into the game and re-calibrate controls...
Seems to work, although I don't see any way to adjust the sensitivity for "real" analog controls.
The controls seem a bit sensitive, but I have not tested them with a wheel yet, only a 360 controller.
Thanks to Harry99710 and Flybit