K, i just played 35 games strait online using the new SF4 pad. I also just got the play 200 matches online achievement as well, yay.
As far as the pad is concerned, i really like it. If i could do anything different with it, id want both shoulder buttons on the right hand side so i can use 3p/3k easier, right now i set it to 3p and mostly use characters whos ultras/supers use punch. The buttons feel good, and the distance is nice enough that i rarely hit multiple buttons together. They arent as noisy as ive heard people complain about, sound fine to me.
The d-pad itself is a nice size, i have rather large zangief-esqe muscle bound hands, so it feels just great for me. As far as grapplers and charge characters, im doing amazing with this pad. I only missed a move 1, maybe 2 times. and could have been due to not charging enough with rog. As far as the shotos, i improved my game quite a bit and can uppercut on both sides now easily, im not 100% on point, but im sure ill get there once i play more. The only issue i have is with Fei Long, i cannot do his flying kick move from the right side of the screen anymore at ALL, i can do it on command from the left side now, which is the exact opposite of how it is for me on the standard xbox 360 d-pad. I'll have to go to practice mode and see whats going on.
Anyhow, i fully endorse this pad, its great for SF4. Im gonna fire up HD Remix in a sec and try it out there, although i really dont like HD Remix as much anymore after playing SF4 for so long, feels so antique and sloppy.
p.s. - One thing i need to know is, is there ANYWAY to get out of abels 4-hit combo where he throws you at the end? The guy i played online used it a lot and i tried everything to stop it but could NEVER get out of it, he was quite good with it as well.
p.p.s. - Updated impressions here:
http://www.cheapassgamer.com/forums/showpost.php?p=5516583&postcount=5596
Pad sucks. Avoid. Cheap madkatz built quality through and through here folks.