Features:
Use your PS2 game pad on your PS3 with the Logic3 PS2 to PS3 Converter. Simply plug your PS2 game pad to the converter and then to your PS3. Stable transfer speed, would not affect the response time of the game controllers. Four LED indicators illuminate to show contoller number. Converts Mode Button to act as PS Button. Fully compatible with game pads and steering wheels.
- Use PS2 Gamepads with PS3
- 4 LED indicators to show controller number
- Game pad & Wheel Modes
- Converts Mode Button to act as PS Button
Info:
The Logic 3 Converter has a problem when holding the left directional input for 3 seconds or more. If you continuously hold left on your controller/arcade stick the left directional signal drops until you hit a new direction.
Additional Pics:
SDTEKKEN.COM - TEKKEN News Resource! 
Found at the following address. Will let you know how it works when it gets here. No point in having everyone throw their credit card numbers into the wind for the sake of using their SF2 stick on the PS3 to play Tekken
http://shop.gameplay.co.uk/webstore/productpage.asp?productcode=PX0071&title=logic_3_ps2_to_ps3_pad_converter
Said above address
This controller converter suffers from the same problem as the ASiD one, except after only 3 seconds, the controller will drop it’s command. It’s the same damn LEFT side only.
nice controller