Unless the VX is an SA model, it probably has shitty Hori parts (not the Hayabusa/Kuros).
Edit: just saw that the UMVC3 model has Sanwa parts, $99 is a good deal. If you don’t mind having to use two different sticks, I’d just buy that. Since it’s for the 360, you could dual mod it for the PS3 relatively inexpensively if you did it yourself.
If you don’t care about the fact you can’t mod it for very specific or artistic reasons then by all means get the q4raf because it works on more than one system and has sanwa parts (same as the hori) so it can only be better
The Q4 is pretty accessible for modding and artwork at this point. It’s been available for a few years and replacement plexi is $15ish.
Here’s my customized Q4RAF Black with an alternate HRAP1 layout (courtesy of AMP):
I haven’t had any PCB issues with any of my Qanba or Horis (which I’ve had for 2-3 years) so I can’t really comment on that, but Hori has always been known for having top quality boards.
I prefer the shape and feel of the Q4 over Hori’s form factors, as it has a large contoured hand rest with made with comfy wood-like material. Though the new HRAP N3-SA is very nice as well. Can’t go wrong with either one IMO.