I think the T Flight is the best budget bang for your buck. It's certainly up to the job and is well built. It doesn't have the X52 or up (Warthog) bells and whistles, but it's a great budget stick and E D and HOTAS seems to be a marriage made in heaven. There are slightly more esoteric sticks - the T1600m name pops up a fair bit round here, but I think the T Flight is one of the best basic HOTAS setups you're going to find.
It's a good stick for the price, but has a few disadvantages. I would suggest the alternative would be a Thrustmaster 16000m (which is just a regular stick).
Pro Hotas:
-It's hotas obviously
-it has 5 axes; 3 on the stick, throttle and a great little rocker under your middle fingers on the throttle. This can be tied to the twist grip on your stick or separated at the flick of a button. Given that some dislike twist, you can lock the twist with a screw, and use the rocker instead. Alternatively, it binds nicely to 'translate left-right' ('strafe'). Love this feature.
-I really like the throttle feel and action. There's a detent at 50%, which is perfect for ED, particularly in FA-off mode.
Pro T16000m:
-By most accounts, the stick accuracy and fine control is superior. This is a big point, as the deadzone and twist tension on the HOTAS can have you wobbling around the target. Please note this hasn't stopped some from using it with great accuracy (in case you are unfamiliar with the game, hitting things with railguns and FA off is about as hard as it gets).
-T16000m can access TARGET software, where the HOTAS cannot. For older games, this means the HOTAS axes and possibly key bindings may be fixed by whatever the game decides for you. TARGET allows you re-assign axes and set up virtual controllers; so you should always be able to reprogramme outside of the game. I personally think this is a big factor. The HOTAS allows no axis reassignment and the only programming possible is by 'swapping buttons' hardware side on the fly.
I've been using this stick in the Alpha and it's a step up from the Xbox 360 controller I first used. It's got just about enough buttons but I can imagine the extra ones on the X52 Pro etc. would come in handy - ED does have a lot of controls to map!
If you're on a tight budget then I would certainly recommend it.
Thanks guys, gotta wait a few weeks now then i will order it.