Interested in it? I've made a quick ustream about the controller.  http://www.ustream.tv/recorded/13519565 I'll be streaming for the next little bit about my use of the controller. I only ever really played fighters on my Sega Genesis years ago, and when I use my stick I just mash, which works okay in single player (...or in arcade/against a live person at the cabinet, who probably hasn't played much) but not when it comes down to really being any good.

Is it any different than their SFIV TE Stick? I've purchased a Hori HRAP V3 SA for Marvel vs. Capcom, and I really love the body design more than anything Madcatz has produced. 

Yep, it's a fight pad. A micro switch thumb stick, and a Sega genesis like body. Six buttons and two shoulder buttons. I think holding a controller, personally makes me less mashey than when I use my SFIV stick. If you've got a stick like that, then this probably isn't for you, sir.

I picked up the fight pad off of someone on ebay.  Overall I think it is pretty decent for fighting games.  It is a vast improvement over using an original Xbox 360 controller, and a good option if you don't want to pay more money for a fight stick, or give up the real estate needed to store such a behemoth.