Today I like the G27 racing wheel
http://gaming.logitech.com/en-us/produc ... cing-wheelI've had mine for years and still freakin' love it. It works by default in most games, and can be configured to work in most others. It's got a 6 speed transmission (plus reverse), a clutch, and even a physical RPM's display right on the wheel lol.
The feedback is amazing (on games that fully support the g27). You can feel your tires climbing curbs, or know exactly when one of your tries start to slip just by how the wheel reacts. So much more than just rumbling.
A gaming buddy of mine bought the wheel recently so we could fairly compete, and shit is intense. I highly recommend the wheel to anybody who likes racing games.