Opinions on Sanwa JLW-TM8 please?

[LeedsFan]

I'm looking to build an inexpensive controller just to plug into my PC and I've been looking at this stick......
http://www.gremlinsolutions.co.uk/products/sanwaballtopjoysticks.htm


It will be a single player controller but with dual sticks for Smash TV and Robotron.

I don't play many fighters at all and stick mainly to classic 4-way and 8-way games. Because of this the first stick must be easily switchable between 4 and 8 way. I don't mind opening the lid to do this, but some sticks have that lift off/screw on restrictor which I'm not sure is very durable. (It will get swapped a lot).

I like sticks to be light and have a short(ish) throw. I'm not fussed how noisy it is. That's probably the least of my concerns. Mainly how each mode feels in games and how light/stiff the throw is.

I'm a huge fan of the U360's and was gonna go with a pair of those. But of course that's about twice the cost. For a small project like this I'm prepared to try something new.

EDIT:  I've been doing a bit more digging around. Seems that the J-Stick sold by Ultimarc is this exact stick (JLW not JLF). I might even consider the Mag-Stik for the switchable 4/8 way. The only thing that puts me off the Mag Stik is that I used to have some T-Stik+ joysticks on an old cabinet and I really didn't like those at all. I found them way too stiff and the throw was very short. The short throw might not be such a problem if the stiffness was reduced though.

[LeedsFan]

Hmmmm... after doing some more digging around it seems my only real option is gonna be the U360s (for my requirements at least). Officiandos of Robotron say that the #1 priority on any stick for that game is to have circular restrictors. If that's the case then I must follow suit if I am to invest in a second stick on a solo unit.

That means no switchable way between 4-way and 8-way on the first stick... unless I go with U360s and map on the fly.