The iPac board will be sufficient if the only controls you intend to add are digital inputs. That being up to 4 joysticks with 6 buttons, a credit and a start button for each. There may be a couple more for mouse inputs (analog 2-axis without a seperate power supply needed) and a few 'function' buttons (Esc,TAB etc..) but if you are going for trackballs and the like, you may need more.
If you do run out of connections, just pick up a trackball with independant power supply and a USB cable for connection. This should save you some hassle and be very easy to connect.
Hope that helps....