willhs: No pinball buttons. I just forgot to erase them from the template. I agree though, if I'd want them I'd not have the overhang, or at least not one as dramatic.
GinsuVictim & DaveMMR: I would use my right hand for the 4-way, so it shouldn't be too obstructed by the regular player2 stick. I'll move it around in some mock-ups and see.
However, after half-sleeping and half-obsessing over my CP last night I had an epiphany. I don't really need a 4-way for myself. In fact I would be better served with 2 spinners for competitive games that employ them (warlords anyone?) I'm going to put the second spinner in near the 4-way location, ditch the 2 buttons by the p1 spinner and either scrap the 4-way or relocate it towards the tops. I'll do some mock-ups and post them.
Thanks for the input so far.