Everybody is providing info on the listing so if I may, mind if I question your choice?
If you have the money a dual stick and rudder pedals setup will give you much better freedom of movement IMO compared to one stick and a throttle and it makes controlling the ship with FA Off much easier if you ever decide to explore that option. Just make sure, if you consider my suggestion, that you get a set of pedals with toe brakes and set those for throttle/reverse.
It is very easy to coordinate if you're used to driving a car and having two sticks will give you analog control of pitch/roll as well as translational thrusters. It's very easy to match speed with a Sidewinder or Hauler in my Eagle while still keeping my nose (and guns) pointed up at his cargo hatch but after a while it almost becomes like a whole extra level of freedom in flight control.
My personal setup consists of 2x Thrustmaster T16000M flight sticks (which are incredibly precise and well built for the cost), CH Pro rudder pedals and Track IR and I think it's awesome. I also use Voice Attack for some functions like lights, hardpoints and cargo scoop as well as power distribution so I don't need to move my hands off the controls. Just some food for thought, links below.
Sticks: http://www.amazon.com/Hercules-2960706-Thrustmaster-T-16000M-Flight/dp/B001S0RTU0
It's possibly more investment than you're ready for but if you end up with the HOTAS and feel like you need more control just keep it in mind. While you can't use that particular stick without having the throttle I don't see why you couldn't set it aside and place another stick down if you wanted to go that route. Personally I ended up replacing my old stick with 2 new ones but I also have someone to hand my old stick down to. (I got my brother Elite for Christmas so we could play together) ;)
Whatever you decide, I wish you luck and fly safe Commander!
This is a great joystick. The next step up would be to go all in and get the warthog.
I had a friend telling me for years "You need to get a joystick with Hall sensors!" and I was like "nah, this cheap stuff is good enough for me." It's such a difference though... and at that price you are competing with far lesser equipment.
Hm. I have the T16000M. Could anyone recommend a good HOTAS to go with it?
From what I've heard the difference in FRB is pretty huge. But if you're hesitant about a big purchase like the x52 pro (can't blame you, it's pretty expensive) I'd go for a cheaper stick like one of these:
http://www.amazon.com/Logitech-Extreme-Joystick-Silver-Black/dp/B00009OY9U
http://www.amazon.com/Hercules-2960706-Thrustmaster-T-16000M-Flight/dp/B001S0RTU0
The Thrustmaster is commonly regarded as the better stick, but either will do just fine. Remember that there's gonna be a learning curve.
I'm just starting out in WT so take this with a grain of salt, but I would recommend not using it in Arcade mode. It's definitely great for FRB and I don't know about HB. That's what other people have said anyway.