I brought two of those and they are indeed as good as people say. However I don't have a PS3 and I do know that this also works on PC. But as I suspected after testing them for many days, they work only on "selected" PCs. That being said, "selected" means they will only work on INTEL chipset motherboards. If your motherboard has an NVIDIA deployed chipset (any version of nForce), chances for this joystick to work are zero.
After many days looking on the web for a solution, I've discovered that the only way to make this work on a PC 100% is to use a PCI USB card with VIA chipset. You can find one very easily for about 10 pounds. So if any people have problem playing this on a PC, this is your solution.
Happy gaming :)
This a "PS3 version". Mad-Catz is not held responsible for this problem, as they have never mentioned its fully compatible with PC neither it was designed to be compatible for it. Making this playable on a PC is an advantage.