One fix worked for me: Exit the logitech profiler. It worked then.
It somewhat works. I have filed a bug report already for it. It is not really useable yet for me. I am hoping that the next major patch will address many of the controller issues.
OK, I just installed the game, plugged in the F3D, but I didn't install the Logitech Game Profiler. The joystick works perfectly. All buttons are active. There's no force feedback, though, but I don't think it is that necessary.
Yes, it works as it should. So happy to see this 15yr old stick working so well.
WOW! Uninstalling the Profiler software made it work! I'll have to figure out how to map the functions I want through the game now. Oh well, at least it's playable now!
