i have the new CSR for $299 and its great i have it paired with the elite pedals $149and its a great combo.... ive heard reviews of the elite too and the carbon finish is awesome..but 599 or whatever it was is too steep for me.... for the price im happy with the CSR...
you can add on the shifter for the fanatec aswell...
before the CSR i had just the logitech driving force GT as i was primarily a GT5 player only.. and there is no comparision with the CSR plus it works great for multiple platforms...where you cant play forza with the other options..... honestly i use the fanatec with GT5 more than i do forza... im not really a PC or iracing player cant say how it is for that..but i assume its great as the force feedback is awesome..
the load cell tech in the pedals is really cool too... you can adjust the wheel to vibrate when ABS kicks in so that you can adjust how much pressure it takes to brake 100%