The steering wheel is excellent. I've had it for a year and a half, with a total of about 1000 hours in various games, with the top ones being Assetto Corsa and BeamNG. It's also very enjoyable in Assetto Corsa Competizione and iRacing. I'm really very satisfied. The force feedback allows you to understand exactly what is happening with the car; you feel every oversteer or understeer, the lock-up during braking, the weight transfer in corners, etc.
For example, in a high-speed corner, the steering wheel becomes heavy as you turn. If you turn more, at some point the wheels start to slide, and the steering wheel lightens. This way, you understand the understeer. If you lose it with oversteer, the steering wheel initially lightens and tends to turn the other way. When you turn, the steering wheel is initially relatively light, and as the vehicle's weight settles on one side, you immediately feel the weight transfer and the steering wheel becomes heavier. If you suddenly turn the other way, the steering wheel will initially lighten a lot and gradually you will feel it getting heavier from the other side. In cars with soft suspensions, the feeling is very characteristic and very helpful to react to a potential loss of control.
Compared to a Logitech, the difference is enormous. I didn't expect this when I bought it and I wasn't sure if it was worth the price difference, but we're really talking about a completely different feeling. Due to the belt system it has (as opposed to the gears of Logitech), it operates very smoothly; you don't feel the teeth of the gears at every degree the steering wheel turns.
Although it doesn't have tremendous force, it can catch you off guard and throw you completely if you're relaxed. For example, in a crash in BeamNG, if you don't hold the steering wheel tightly, it's very likely to take your hand away. Not strong enough to injure you like direct drives do, but it clearly has good acceleration. Of course, if you hold it firmly, you can resist whatever force it produces. So it definitely doesn't have the force of a direct drive, but under normal conditions, you will feel everything the motor sends.
Due to the speed of the belt system, you can also drift, and the steering wheel responds and manages to follow the car's movement. This doesn't happen with Logitech, and you end up turning the steering wheel yourself for counter-steering. Also very good for rally games.
For me, the big shock was at one point when I was playing Assetto Corsa at Nordschleife with the Praga R1, and at high speeds, you felt all the vibrations. I didn't dare to relax my hands for a moment, and the steering wheel was ready to slip away. A lot of adrenaline, and after half an hour, you can't escape the sweat! Here's a video from such a lap that I've done. https://www.youtube.com/watch?v=BrjXsO8_NfQ The steering wheel isn't visible, but every vibration and movement that is seen in the car's steering wheel, you feel 100% in the steering wheel. In some spots, the steering wheel looks quite stable, but that only happens because I'm holding it very tightly!
I don't have any particular comments about the pedals. They are the T3PA, which is a significantly better version compared to the basic pedals from Thrustmaster. I'm very satisfied with their level, metal pedals with a good quality plastic base. I haven't used the conical brake mod because I sit in a chair with wheels and I'm already struggling to stay in one position. Ideally, you want a rug or something to stop the chair, because otherwise, during braking, you will slide back. For enthusiasts, there is also a relatively easy way to install a load cell brake mod. The design of this model is GT-style, and I would say it is not 100% convenient for heel-toe, but you can definitely manage it with practice. It is convenient if you play with racing games where you brake with your left foot. There are also T3PA with a more classic design, but I don't know which bundle they come in. Ultimately, I think you can put in other pedals in whatever shape you want.
The only downside of the steering wheel, I would say, is its cooling. After 30-40 minutes of intense use, it heats up and starts to lose motor power. It has an internal fan, but it is not strong enough to dissipate 100% of the heat. Many make modifications by adding stronger or extra fans, but I don't want to go through the process of opening it up. However, it definitely helps to activate the fan permanently. The default is for it to start working only when the motor heats up, but if you press the mode + ST buttons simultaneously, the light blinks twice and the fan starts running at max. If you press them again, it returns to the default setting.
Edit: I should also add about the clamp on the desk. It was something that stressed me out, but it has a very good fit in the end. The only requirement is to have a flat surface on the bottom of the desk for about 10-12 centimeters. On my desk, there was a frame all around, so I screwed an additional metal piece at the height of the frame to create the flat surface for the feet to rest on. Generally, if you tighten it enough, it's more likely to shake the whole desk rather than the steering wheel coming loose.
Update 11/2022:
The steering wheel developed a fault. From what I've read on forums, something in the hall magnet sensor in the motor has come loose. The result is a slight vibration (a sudden click) and it loses centering while playing. It is a known issue and there are ways to address it either by fixing it or even preventively. But to do that, you have to open the area where the motor is, so you void the warranty if you do it yourself. I am currently in the process of communicating with TM's technical support and waiting for them to accept it back for repair/replacement. I will update when I have news from support.
Update 23/11: After exchanging emails for 20 days, where they asked for various information about the problem (a standard procedure to rule out driver issues, etc.), they accepted it for free repair with free shipping. Now I am waiting for the courier to pick it up to send it to France. I will update when I receive it after the repair (I estimate it will take at least 1 month).
Update 12/2022:
After sending it with a package via ELTA (it took a week to arrive), the technicians quickly attended to the steering wheel, and within a few days, they had repaired it and informed me that the return process had started with a package. Overall, I am very satisfied with the entire process and the service times. With what I had read on online forums about TM's support, I was worried about whether it would be resolved, but everything seems fine. I am waiting to receive it to confirm that everything is okay, but I can't imagine any problems arising.
Final update: ALL GOOD AFTER RECEIVING IT.
Update 12/2024:
The clamp supporting the desk broke. The truth is that I often put it on the desk to play and then I have to unscrew it and put it aside, so this particular component undergoes quite a bit of stress. And because you have to tighten it quite hard, the screw's base also struggles. In the end, it gave out after 3.5 years. There is a replacement, but I will look for some DIY solution.