Acutually finished this about a year ago,
I stumbled across this forum while looking for info on keyboard controllers.
I thought I'd post some pics of my machine before my tale of woe....
The finished product, front and back view.
I used a 32" Sony TV and an XArcade Tankstick.
The controller is held on by a bicycle quick release.
The idea is that I can swap out the controls in a few minutes.

Here's a close up of the controls, and a shot of it slid into it's "home".
It fits into an alcove under the fireplace.

A couple shots of the construction phase. It doesn't really have a frame.
Just a couple of 2x4's in the corners.

Now my tale of woe....

The circuit board on my Xarcade controller has crapped out after a year .
Despite the claims of having the world's greatest warranty,
it seems that the unit I have, it has no warranty.
The store I bought it from is not an "Authorized Reseller".
I'm extremely dissappointed! It's not like I bought a used one from a friend.
This was in new, in the box... unopened since it left XGaming.
They said they would sell me a new keyboard controller, and it would have a warranty.
But I don't know, the element of trust is kind of gone.
I'm thinking that would be like throwing good money after bad.
I'm thinking of ripping the controller out of an old Fujitsu keyboard and rewiring it.
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So my questions are...
1) Has anyone else experienced problems with an XGaming warranty claim?
2) Has anyone else built a machine using an old PS2 Fujitsu keyboard controller?
How well did it work?
Thanks.