**Read this first post thoroughly before asking/posting questions!**
Can't stress this enough...
It's great as a beginner stick due to the recent price drop IF you don't plan on modding it besides the simple stuff (swapping out the restrictor gate, changing out the balltop, shaft & buttons as long you're willing to lose the LED function) but I don't recommend it as your first stick if you want to do anything more.
Kaihong was nice enough to offer detailed pics & dissection starting with this post:
FWIW, I ended up using it for a few hours wanting to really like it but ultimately unloaded mine on eBay a few weeks ago (yes, I'm the one that created this thread!). If it was the only stick I own then I probably wouldn't mind modding it. IMHO, it's a mid-tier stick at best but just too much work (dremeling the bottom of Sanwa buttons to make the OEM LED's fit in there with Sanwa SW-68 microswitches, using spacers to make a JLF fit, adding weights, etc.) to make it a quality top-tier stick (just not motivated enough to do all that easy yet tedious work). A little annoyed (I'm over it, ha!) WB didn't allow PDP to announce (before launch date) exactly what components (manufacturer) would be inside of it but I guess now we all know why though most of us suspected it wouldn't be top-tier components from Sanwa or Seimitsu anyway. Love the semi-grippy rubber texture (spray on?!?) of the case & LED lights...but that was it! I probably wouldn't pay no more than $75 for it but that's just me. Also wasn't feeling the Namco Noir/Astro City button layout.
Gamestop had a sale for $55 (after $5 off & free shipping codes) so I caved in & bought it since I couldn't resist the price for an all-LED stick. Also, I'm crossing my fingers the developers of Injustice (PS4) will implement a patch to allow the use of this stick but highly doubt it.
Price dropped to $40 but sold out for both consoles.
If you guys/gals don't care about the LED's, has a Vewlix button layout & a ball-top then for around $60 the Qanba Q1 is an alternative option. It includes a table mount/clamp, octo/circular gates, button plugs & a USB-cable storage compartment. It uses the same exact buttons & joystick lever as the Injustice stick.
Case material: Plastic with spray on (?!?) soft rubber matte black texture & thin foam bottom panel. Clear top panel is plastic. There are no metal panels. Also has a detachable 10-feet USB cable.
Artwork: Heavy duty cardstock underneath the top panel.
Button layout: There's no specific name for the stick/button layout on this arcade stick but the closes is the Sega Astro City Single Player layout found on the Hori Real Arcade Pro 2, 3 & EX.
Components: All Qanba-based (Omron microswitches for the joystick lever just like in a Sanwa JLF) with individual button & joystick lever LED's. Black bat-top with clear shaft cover & clear dust cover.
Weight: ~3.5 - 4.0 pounds.
Additional features: Two options for the LED's (on & pulse aka vibration as there are no vibrating motors). Lockout of Start, Select/Back & Home.
Modding: Hex screws on the top panel & Phillips screws on the bottom panel. Will fit both Sanwa & Seimitsu 30mm buttons as well as ball-tops. However, unless you plan on drilling holes into each button for the stock individual LED's, I don't recommend swapping buttons. Octo & circular gates (for the joystick lever) will swap easily. Sanwa JLF will fit BUT the mounting plate won't so swap everything over except for the plate. As for a Seimitsu LS-32-01, this won't fit unless you cut (dremel) plastic & add spacers.
FWIW, the game developers are the same one's that did MKvDCU & the MK-series. Just like the previous PDP MK sticks (TE & Klassic) surprisingly, it has excellent fit & finish. This Gamestop exclusive bundle is for the PS3 & 360 but not for the WiiU (the mention of this in their PR is an error they retracted).
Credit goes to forum member, LiQuiD[EViL]:
Current fav's the Hori RAP3 VLX Diamond (but soon-to-be replaced with Hori RAP4 VLX Kuro)! Like the MickeyD's commercial..."I'm lovin it"