So close, yet so far.
On paper, this adapter sounds perfect. However, after plugging my Madcatz fightstick in and having a few rounds at SSFIV, I was hugely disappointed.
I'm not entirely sure whether it is just this particular adapter I got, or it's the same across the board, I cannot get all my moves to come out. Eg. fireballs would come out screen left, but not right. Also, executing links that ends with supers is next to impossible. The adapter picks up the buttons alright, but drops far too many directional inputs. (Charge characters are slightly better, still, not perfect)
I'd say this is a fine purchase if you're just using it for really really casual play, but for anyone that plays competitively, this is a no go.
ps. I've only tried this on the fightstick with SSFIV, not xbox controllers nor any other games.