A Mad Catz TE or HRAP is a lot better than the Hori Fighting Stick 3… The FS3 is built with Hori components and in a very short time after intensive use those parts break down and cannot be replaced unless you’re prepared to take the case apart and literally gut the internal components. The FS3 is just not made to be repaired once it breaks.
The Mad Catz TE and Hori HRAP 3 SA are made with arcade components that will last a long time with light usage. Even IF the joystick or pushbuttons in them wear out, the stick bases are made so that component swapout is very easy… IE, you can buy new parts online to easily repair what’s worn out in the joystick or buttons OR swapout components entirely.
Convenience of maintenance and higher quality is what you get when you pay higher prices. Also, the TE and HRAP SA are noticeably more comfortable to use than the FS3.
As far as PC compatibility is concerned, that depends on the chipset and USB standard that your PC uses. HRAP’s are generally compatible across the board. The TE’s seem to be more finicky about chipsets/USB standards. TE’s are generally easier to get in-store and more plentiful online since Hori is a foreign company.
As far as future compatibility, who knows now? My bet is that PS3 components will PROBABLY work on the PS4 IF it maintains the USB standard the PS3 uses… The 360 joysticks could be locked out from the next-gen XBox if MS changes the security chip that’s integrated into its next-gen system and all licensed controllers. Nothing’s 100% and those machines are at least 2 years away…