My quest continues ...
Have the PC and monitor.  Bought the cabinet today.  Some bowling game that looks like it use to be a fighter cabinet of some sort.
Whatever.
The control panel on it is ... big.  I'm going to replace it with a new piece of wood cut to the same size as the old one so I can get a fresh start.
So .. I have all sorts of real estate (13" x 35").  So PLENTY of room for 2 joysticks, 12 buttons, trackball, etc..
My question is -- it seems that I can't find a conclusive answer on using combo 4/8 way joysticks.  They seem like they do 8 way good but 4 way bad (and I DO NOT want to hear my wife complaining about Ms. Pac Man).   So, I figure, I have the space ... I'll just add a dedicated 4 way joystick.
Pure genius!  

However .. can anybody think of 2 player games that would require 2 dedicated 4 way joysticks or can I use just 1?
Finally -- anybody using the J-Stik in 4 way mode for games like pacman and galaga?  Does it work pretty good for you?