In any case, if you like the game enough (and a lot of people do), it's worth a lot to have a good controller, even if the game was a bargain. And Hori tends to use high-quality arcade machine parts in its controllers. That said, it's going to be painful to pay shipping on top of that $300 when the import retailers pick this thing up.
Looking a little plainer than the Dreamcast Twin Stick controller, and a lot plainer than the Saturn version, this model uses a Real Arcade Pro base as its body. The Xbox face buttons are located on the body, and the bumpers and triggers are moved to the joysticks, which map to the D-pad and right analog sticks.