The Magically Morphing Ferrari Steering Rig In Action

Unveiled in May, this video gives you a much closer look at Thrustmaster's over-the-top Ferrari Wireless GT Cockpit 430 Scuderia Edition controller.

The PC and Playstation 3 racing rig uses a latency-free 2.4GHz wireless system, 50 hours of battery life on 4 AA batteries, an adjustable, rigid metal structure, detachable replica of the Ferrari F430 wheel, 2 metal pedals, gearshift levers, and a "genuine" Manettino dial with 5 backlit positions, to let you configure your wheel directly in the game.

All of that will run you a mere $250.