These seem to be in the vast majority of cabinets here in Australia, mainly in LAI machines from what I've noticed. I had them in mine until I replaced them with J-Stiks, mainly because they were very scuffed up.
The black ones are seen mostly in 80's cabinets and identical versions in blue, yellow, purple, green, red (I think) are found in 90's cabinets, most commonly streetfighter. I looked ages ago on the LAI site and seem to remember them bieng available for purchase there incredibly cheap.
Also, someone once told me the black ones are the hardest to get now. In use, they're a great retro stick and highly similar to the Suzo Eurostik, except the Eurostick has an annoyingly larger base which needs to be routed before mounting. I'd be interested to know which one was released first.
I would describe the throw as short indeed and say this stick is a great all round model, though it's definately easier to do SF moves on J-Stiks.