Welcome, Gord.
I have a set of Suzo inductive sticks ready to go in my current project. They take 5v from the power supply and don't use any microswitches or leafs. They feel very smooth and I like the travel of them, but they're ugly looking (fat ball and stick is tapered fatter at top than bottom).
Since I'm from Europe and grew up with Suzo's, they are my favorite weapons. Especialy the Inductive's ! I've got a set in my CP now, and they feel nothing short of brilliant. I don't care about the looks (but I'm used to that shape since I got my 1983 home-LEAF !-Suzo), it's how they play that's important. I totaly hate japanese joysticks, and also joysticks with LOOOOOOOOOOONG travel. For me, long travel means a stick is too slow to follow me

There's one more very positive aspect about the inductives: I found a setting of the potentiometer (that adjusts between 4 and 8 way) that plays fine in both genre games !
I never need to switch or adjust. Of course I can hit "wrong" directions this way, but only if I delibaretely do so.
Suzo's out of stock on the big (38 mm) handle inductives', but still have quite some 32 mm. I had to get my second 38 mm from the US (that one made a LOOOONG round trip back to nearly it's building city

) Anyway got it from
http://www.tntamusements.com/ for less then 18 bucks excluding shipping. That's actualy a lot cheaper then a P360 and even cheaper then I got it directly from Suzo !