If you're a (flight) simulator fan, this joystick is really worth the money. It is well built with a nice feel and feedback effects.
When I was shopping for force feedback joysticks I was torn between this and the Logitech "3D" model. I have to admit, the Logic had a nicer design. The stick itself had a slightly better feel and the throw on the throttle control was longer and more precise. However, I decided to go with the Microsoft model because of the positive experience I've had with their force feedback steering wheel. Just like the wheel, the construction on the joystick is very solid. I expect this will stand up to a lot of abuse.
This stick is not without it's drawbacks. First, the throttle control is a bit small. I would like something a bit bigger and with a bit more resitance. Second, the force feedback is only activated when you are fully grasping the stick. This is actually a neat feature, but can be annoying when you don't feel like "properly" holding the stick.