no!!! get the SCV stick. Round one TEs have a history of the PCB dying. I have a TE round one that just up and died last summer. I have two TE-S sticks. The SCV for xbox360 and the Chun-LI stick for PS3
“Type 1, 1st gen TE. Wider layout than the SE, with a leveled flat top.
Red IV artwork. This is the TE that had the most issues with the PCB.
Quality: High better than the SE/ TvC series, Full Sanwa Parts
Reliability: Has many issues with the PCB, this was improved with later versions of the TE.
Also it been reported that the door to the cable compartment can break.
Ease of Mods: Difficulty 1. Uses standard Sanwa parts so it easy to mod. Plenty of 3rd party options for modding such as replacement panels and side pieces. Most common sticks to mod here on Tech Talk.”
"The Soul Calibur V Soul Edition Fightstick
Made simular to the TE-S line in terms of main body construction.
The Soul Edition stick used the Namco Noir Layout (similar to the Sega Astro City) instead of the veiwlix style layout that dominated the SE, TE and TE-S lines.
The Soul Edtion has a custom “Edge” bezel insted of the stock TE bezel. The Stick is also transparent with blue on the left edge and red on the right edge.
Technically the Soul Edition is not a TE and it lacks the TE brand.
Quality: Compatible to the TE-S Arcade sticks, Stock sticks are Full Sanwa
Reliability: Improved PCB over the TE/TE-S
Ease of Mods: Difficulty 1"
for $20 you will get a more reliable PCB thus a stick that will last you much longer
read this thread if you want better info What Stick/Controller Should I Buy? Read the Guide on Pg 1 Before Posting