Well, I decided to pick up a PDP Versus Pad at gamestop to get more time with one. I'll admit, it is actually not a bad fightpad, just not exceptional. The buttons being very low on the face make the 3 finger grip shown in the Hori Pad video above not work so well. All the microswitches on the pad are very easy to actuate. One annoyance of the dpad on it is that it is very difficult to consistently perform command motions without accidentally hitting Up-Forward or Up-Back. This is because the Pad gives you absolutely no cues as to where you may have the dpad positioned, because the restriction gate is a perfect Circle.
If you were to try this pad, I would highly recommend learning how to determine which directions you have the dpad orientated when you input a specific direction.
In terms of improvements, they should have just kept the legs of the controller symmetrical, part of the reason I am uncomfortable with most grips on it. An Octagonal restriction gate would have been better for those who can't keep a consistent sense of what direction they are inputting. And in terms of the asymmetrical grips, the face buttons on the right could be about 1/4 inch higher to place your thumbs in a symmetrical position and effectively fixing the initial comfort issue of the shorter grip.
Overall, I give a 6/10. Would not recommend it.