I have a Versus City arcade cabinet, with Ultimarc Ultrastik 360s in it.
I also have some X-Arcade 8-way sticks, a few Sanwa/Siemitsu sticks but after buying the 360s, they all suck!
At $60 a stick though, it's not necessarily the greatest choice for everyone. For anyone with MAME in mind though, I recommend it highly as it can act as a 2-way stick all the way to a full 360 degree range of motion flight stick.
http://www.ultimarc.com/ultrastik_info.htmlThere's nothing in it for me to point you in their direction, I just absolutely LOVE them.