I use for a Thrustmaster flight X since day 0 and for cheap item like this, it does handle about 3,5 years of playing elite then it will broke. First one broke, some buttons fell off, and its axis become so worn out, that my ship could spin on its own, while stick was resting. I think I trew it out of my window at some point. Then I played a bit with K&M, and while it was very nice in PVP, felt too much OP for ralis, but it also felt much more diffrent to fly my ships how I used to fly when used hotas. I guess its down to preference, but it didnt felt that I can preform some advanced manuvers well as it was easy on hotas. It felt harder to rapidly control my throttle as well. But I found that I kinda miss hotas, more and more so I ended up buyed second (yep same Thrustmaster flight X) despite its problems with micro-accuracy, but it does feel so much more better for control of ships and really it does deliver much more immershun for feeling that you use same type of controls for your ship, wich is something any cmdr will see if they look at thier hands. Second one still holds just fine.
Thought Im preety sure that higher end hotas surely would solve some accuracy issues, wich unfortunetly it this model of hotas does have... it lacks being precise enough for micro-movements, wich is very important while flying FA off and trying score from some random cmdrs, thier drives, fsd's or plants... and thier rebuis sometimes too, with my rails.
But if youre not into such fancy hobbies, it should be fine to doing regular PVE as well, and its quite good for any begginer, with this model, long as it dont break. I would rate it like 6/10, mostly due of sympathy.
No idea about console pads, never used those in this game, but I think if pad is not worn out, it should be able to work preety well both in controls and accuracy. In end, quite of cmdrs playing on thier consoles with it, and only issue I would have with it, its huge amout of button combinations required to navigate and use all those control functions within game.
What I know for sure is:
Hotas with throttle, gives superior control over ships thrusters and thier acceleration than K&M, while in other end, K&M with relative setting with decent mouse does gives superior accuracy using fixed weapons, especially railguns, than Hotas setups. In other words, both have thier cons and pros. Pads are somewhere between.
Pick yours, have fun dangerously.