Here are the good things about the wheel:
The setup is easy, just make sure you have something to clamp it onto.
The steering feels solid, you can feel the car move very well.
Everything is in reach and all materials feel very well made.
The sequential stick shifter has short, loose throws, which makes it very easy to play around with.
And most importantly, the whole thing feels like it won't fall apart next time you touch it.
Here are the BAD things about the wheel:
The pedals are a bit too light and clustered together, but we can deal with that
The buttons on the wheel are abnormally small, but maybe that's just because I have the hands of a mutant
The flappy pedal shifter feels too resistant
It's a wired peripheral, but at least it's pretty cheap as wheels go.
Overall, I would recommend this to anyone who wants to try out a wheel. It does take a lot of getting used to, but I'm sure we can all handle it.