[quote name='MotzCTG']I actually just bought the VF5 stick yesterday. It jut has VF5 stickers which you don't have to put on. It is juts the EX2 stick which is a nice stick. It was $39.99, and is recommended (it is the same stick at the $60 soul calibur and $80 street fighter stick)[/quote]
It is NOT the same stick as the $80 SF Stick. Hori is doing a SFIV stick in Japan, but it is more along the lines of the PS2 Tekken 5 stick, than the EX2 or FS3.
As for the quality...I'll put it to you this way - for the price, it's a good deal, and a competent stick. The more serious fighting game fans will piss all over it, saying it's not authentic arcade parts, but oh well. I have the EX2, I like it, and I'd love to have one of the new SF IV Mad Catz TE Sticks, but I can't justify spending $150 on one right now.
As for modding, the FS3 and EX2 are a tougher mod than any of the new MC SFIV sticks would be, including the $80 "regular" one, because it requires some dremel work, and more wire/solder work.