I had one of those. I used it on my PS2 for Gran Turismo and I planned on using it for my cab.
Unfortunately, after about 6 months of moderate use and no abuse it broke and now it turns to the right all the time, so I mounted it on my daughter's table so she can pretend to drive.
I didn't abuse it and when it worked it felt nice. I don't know if I got a bum one or they are all like that.