This is the lowest I've ever seen a full size all Sanwa-based stick & I check all the time. And yes, the Sanwa parts (JLF joystick lever, 8 x OBSF-30 & 2 x OBSF-24) alone cost $55+ by themselves.
Since you're a Tekken player, I highly recommend the Omni K-stick since it has the most popular joystick lever (Myoungshin Fanta) & buttons (Crown CWB203A) for that game assuming you can justify the price difference ($200+ vs $71 - $77 depending on tax). If you can't justify the price difference and/or money's tight then yes, the Madcatz SCV stick's very good
overall for all types of fighting games especially since it has world renowned Sanwa parts (most popular Japanese-style arcade joystick lever & buttons).
Actually, this stick's layout is called the Namco Noir layout (from Namco's arcade machines) which in turn is based on the old Sega Astro City layout from back in the day. I agree, it's just personal preference although I prefer the Vewlix (not Viewlix) layout myself.
Yes, same exact joystick lever & buttons (so same size buttons as your Hori SCV stick).
I'm not a big fan of this layout but at this price, I had to jump on it too. I guess this will be for guests when they come over (I don't feel comfy with others using my Hori VLX's). Love the 3 different shades of the translucent case! Only mods I'll probably end up doing are changing out the 8-main buttons for some matching translucent Sanwa buttons & the balltop. FWIW, this stick's based off of the Madcatz TE-S stick line which has an improved PCB (for reliability compared to the 1st gen. TE line up) & locks the Start/Select buttons in addition to locking the turbo settings.