I've had tons of both Madcatz & Hori sticks so this is my non-biased opinion...
Between a MC TE & a Hori V3-SA (or in this case, the MvC3 version), I prefer the Hori case design since it feels more comfy after an extended duration & also has those side overhangs (aka grab handles). Both use Sanwa parts (JLF & OBSF-30 for main 8) so you can't really go wrong either way. The 1.45-pounds isn't too noticeable although Madcatz has the advantage here. I prefer the Vewlix layout over the Namco Noir (arcade cabinet) aka Sega Astro/Blast City layout but that's just me. Specs:
Weight: 6.25-pounds (TE) vs 4.8-pounds (V3-SA & MvC3) vs 6.4-pounds (Hori SC5)
USB cable length: 13-ft (TE) vs 9.8-ft (both Hori's)