Personally, I have never played an arcade racing game, pot or microswitch, that I didn't mash the gas to the floor and never let up until time was up.

As a side note, I just wanted to throw this design idea out for others to consider. There are some people on here who are really into innovative design development (I am not)
Picture this: a steering wheel that has a clutch type mechanism to switch from analog pot control, to free-wheeling optical 360 control. I have no idea if this has ever been developed, so be gentle if I am not original.
I could try to work out a rough design if anyone would be interested in running with it.