Not so: http://www.fanatec.de/html/index.php?id=250&lang=en
Better than the G25, and works on the 360, PC and PS3. Not cheap though.
Back on topic. I really hope the licence tests make a return. I really enjoyed them.
What makes you say that the Fanatec is better than the G25? The pedal is not as good and there is no "real" flappy pedal shifter.