Stickless Fight Stick?!? The possible future for an easier gaming experience

Companies have released a production of a Stickless arcade fighting stick, which replaces the joystick with 4 directional buttons. Such an ‘invention’ just reminds me of an actual keyboard which has been modified to play fighting games. There have been videos displaying these ‘Hitboxes’ (a brand of the controller) in action and it seems to show only the perfect frame combos (Ex. MK9 training mode with button input on displays the ability to d>u Raidens teleport in two frames without jumping mistakes, and apparently easy multidirection special moves and combos (ex. Cammy’s quick Cannon strike/dive kick to start of a combo). Any thoughts on the questionably new innovation?