Well.. It's cheap. I have no personal experience with this stick and I don't know who made the parts, but more often than not the old adage holds true: You get what you pay for. Its pretty odd people are rating the thing so generously, even the four and five star reviews are throwing in details like "oh yeah one of my buttons is hard and unpressable now", "I sometimes have problems with scrambled inputs", and " inputting diagonals is a bit complicated".
Look amigo, from the sounds of things I wouldn't buy this stick. That's just me. I know you don't want to spend a hundred buck on a stick, who does? But seeing as you're committing 40 dollars plus shipping and handling towards the idea I think you're moderately serious about it. So why not buy a good stick that's going to last a long time as opposed to a peice of junk that's effectively going to add another 40 dollars to the cost of a good stick? And if you're just getting into fighters especially, a bad stick could totally ruin your experience.
If you don't want to build a stick or shell out for a TE madcatz model, there are cheaper alternatives from hori and madcatz. Just look around a little more.