Okay, I just received mine, and it's not completely ideal.  The ball is actually about 2". There is no "whizz" to it; in fac, it doesn't turn particularly smoothly at all.  Thre are no bearings, just a plastic idler wheel.  It does have fairly large encoder wheels, though.
I'm going to try a bit of lube and see if I can wizzz it up.
--Chris