Logitech's no stranger to racing wheels, but their latest PlayStation 3 wheel looks even fancier than its predecessors. There's a 900 degree lock-to-lock turn, which means you can maneuver it much like an actual wheel on your Toyota Corolla when sledding about the tracks of Nurburgring. There's also a horn, shifter, the standard PS3 controller buttons and measures 11-inches in diameter. Best of all, it's even backward compatible with Gran Turismo 3 and 4 on the PS2 so you won't have to wait until April for the PS3 GT5 Prologue. [Logitech via Crunchgear]
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I wonder what the red rotary pod does; sensitivity adjustment maybe?