I have had my TE stick for a while now, and i must say, it is almost perfect - the only issue i had was the square gate, which is simple problem to fix thanks to the simplicity of modding these stick (I switched from the square to a octagonal, you need a 6MM Allen/hex key to get inside, and the gates are snap on/snap off. The Octagate for these sticks is the Sanwa GTY octagonal restrictor plate, which you can pick up for about a fiver).
So this stick is thurruly reccomended. No input lag (Unlike the dreadfull Tekken stick), asthetically pleasing and well built.
If this stick is a bit out of your budget, i reccomended either the Standard Edition Fightstick, or the Hori EX 2 - though note that neither are as easy to mod or quite as spectacular as this peice of win.