I only have GTR2 and Project Cars as racing games, but in Project cars it's working perflectly.
With PCars I have set full 900 degrees, but now with GTR2 I lowered it to 280 with steering locks to 14. It's not perfect, but wayyyyy better.
Mobo: Asus P8P67 deluxe Monitor: Lg 22'' 1920*1080
CPU: i7 2600k@ 4.8Ghz Keyboard: Logitech G15
GPU:AMD6950 2gb Mouse: Sidewinder X8
PSU: Corsair TX750w Gaming Devices: Saytek X52, TrackIr5
RAM: Mushkin 2x4gb ddr2 9-9-9-24 @1600mhz
Case: Cooler Master 690 SSD: Intel X25m 80gb