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).
http://etokki.com/Omni-Korean-Edition
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.