i used to own this wheel before i upgraded to my saitek wheel. This is a good entry level wheel providing fast accurate response from the wheel. The wheel does feel slightly cheap as it is made from fairly low quality plastics. One pluss side is that the Formula Vibration has a lot of buttons and a 4 way D-pad. The vibration feedback effects let you feel bumps in the road but not quite in the same way a more expensive FFB wheel will. I picked up this wheel when it was a wee bit more pricey at £40 wich is only £10 off the amazinf saitek and only £30 off the momo. Although this is just an entry level wheel i feel that the saitek r660gt would be more of a bargin even for racer just begining thier gaming ventures. I am in a way sad about upgrading from this wheel as i have speant many hours playing GRID with friends, one thing i will not miss though is the suction pads, i got the feeling that this wheel was aimed at being placed on your lap and not a clamped down hard-core gaming wheel.
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make sure you look into your options if you are looking to spend £30 then get this wheel, if you can afford the £20 extra get the saitek r660gt.
Cruise to victory with the Logitech Formula Vibration Feedback Wheel! Pull out the extendable wings to kick back and race with the wheel in your lap, or attach the included suction cups for a rock-solid driving experience on your desk. The included software allows you to tweak your wheel for maximum performance, and the 12 programmable buttons, wheel mounted paddle shifters, responsive gas and brake pedals, and dual vibration motors help you feel like you're really on the racetrack.