This product is certainly not new,but with newly added Win 7 drivers it may be useful again.
One of the main reasons arcade style games never fully took off on the PC was due to the controller options. Over the years many companies developed game pad that could be used on the PC, however, console game pad were almost always preferred. With the Microsoft Xbox 360 Wireless Gaming Receiver for Windows those who enjoy the style and feel of the Xbox 360 controller can now experience it on their PC.
With this device, only slightly bigger than a USB thumb drive, you can connect to up to four Xbox wireless peripherals. Connect four game pads or two pads and two headsets with a range up to thirty feet.
The six foot cable connects to any PC USB port. The green LED on the base of the device alerts you that it is active and by pressing the small white button on the center of the device you are able to sync your Xbox peripherals to your PC automatically.
One thing to be aware of is when turning on your Xbox controller it will turn on your Xbox if it is within range. This can be annoying as you will need to unplug your Xbox in order to sync your controller with the wireless receiver.
The provided software, available for XP, Vista and Win 7, integrates well with games that have controller options, but for strictly keyboard and mouse controlled games you will have a harder time programming the buttons to match with your Xbox controller. As for the headset control it is far more compatible working with games using voice control and even programs such as Skype and Ventrilo.
The $20 price tag for the device may be worth it if you already have Xbox peripherals you wish to connect to your PC especially if you purchased a wireless headset or force feedback wheel. Beyond that there are better controllers currently available that will have less hassles with compatibility and configuration.