For whatever price your paying it must be extreme. Would it be cheaper if you got a HRAP2 and PS2 -> PCE adaptor?
I like the HRAP2. It's heavy and sturdy, and you can easily swap the innards with authentic japanese arcade parts. I swapped the joystick and buttons in my HRAP2 with Seimitsu parts which wasn't too hard, no soldering needed. Cool thing since it's a PS2 joystick, theres all sorts of adaptors available for other consoles, including the PCE.