Well I've gone "all in" and ordered a Fanatec DD Podium series setup (including Clubsport Pedals V3, Clubsport shifter, Clubsport handbrake, Clubsport rim and Podium hub) and a Sim Labs P1-X sim racing chassis with a triple monitor mount.
My first wheel was a (I think) Thrustmaster FIA wheel/shift/pedal combo from Pc World in 2000. It wasn't usb and had no FFB. Used that to play Rally Championship 2000, Colin McRae Rally and Geoff Crammond's F1.
I got back into sim racing again after a hiatus and picked up a Thrustmaster T500RS and TH8A gear shifter mounted on a GT Omega wheel stand 5 years ago.
Going back through this thread I see an interesting argument about spending more and being (possibly) faster. I hold a few world record times on Dirt Rally 2.0 and they were set with my xbox controller! After my gf bought me a Oculus Rift a few years ago it blew me away driving a Lotus 98T on Assetto Corsa, the level of immersion was immense. And that is what I am missing from sitting on an office chair and a wheel stand.
So I don't expect to be faster, but I'm expecting immersion levels to be through the roof, I hope so anyway, cost me a small fortune! Oh and having to fold away the wheel stand is a pain too, I'll be glad to stop dragging that in and out my study