This stick has one outstanding feature (literally!): A "switch" on the side which changes from 4 to 8 way. The ingenious design of the mechanism actually rotates an internal restrictor plate and also rotates the microswitch actuator for a perfect 4-8 way action. 

The Mag-Stik is not centred with a spring, but instead uses an internal magnet. A light action gives the ultimate in joystick feel and sensitivity. When mounted, this stick can be switched between 4 & 8 way by sliding a lever on the side of the joystick. This joystick keeps the panel arcade-real but still gives the ability to play all 4 or 8 way games with the true feel of the correct mechanically-limited stick. 

Mag-Stik Dismantling.
If your mounting method required removal of the joystick knob, this is done by removing the entire shaft. The Nylock nut on the rear end of the shaft is removed first. On the Mag-Stik Plus note carefully the order of assembly of the parts, especially the location of the toothed lock-washer, under the U-bracket. Beware of the spring which is under pressure!