I actually had one, "had" being the key word there. The thing was junk. It would randomly go out of bind, channels would randomly stop working. Basically it took me out of racing twice and I'd had enough. Luckily I got rid of it while it was still worth something. Went back to my 3PK and never looked back, 100% reliable.

It had lots of neat bells and whistles, but not being able to steer or control your car is a slight problem.