Looks good so far. Welcome to TWIP! I'm glad you decided to put your 'cocktop' on display, oh right, we decided not to use that word...

Anyway, it's a great solution and the best thing about it is that it's a non permanent cockpit. Like you said you can fold it up and store it. That's a big plus. I think there might be a lot of people that would be interested in this kind of compromise solution. Also it could be a good base for a more extensive maybe permanent cockpit. I'm very curious to hear how you like playing racing games, namely GT5, on the ps3 with that wheel you have. It's a great wheel as I understand it so that should be great fun. Wondering how good the handling with wheels is with GT5.
So thanks for putting it up! See you around here

Thanks for the nice comments everyone -
With regards to the Logitech Driving force Pro on the PS3. First impressions were what an improvement in quality to the previous wheel I had bundled with the PS2 and GT3.
My excitement quickly turned to disappointment though, I had spent hours making a stand to mount it and when I finally tried it on Colin Mcrae Dirt the car was uncontrollable

I couldn't even drive in a straight line without spinning!
I was gutted but thought I should stick with it and did improve slightly. I then found a hidden 'fix' on the web which unlocked the 900deg movement by pressing a 3 button combo on the wheel. Having tweaked the setting to give around 540 deg movement I am loving it

I can hold nice tight lines round sweeping curves and laptimes are far more consistent now.
The only race I still prefer the analouge controller with is the off road buggys which can snap sideways at any moment - the quick steering of a controller is easier to catch it before you spin.