Yes, that is EXACTLY the adapter I use. It's highly dependable and works in just about everything; only thing I take issue with is the button layout is a bit confusing - the Triangle is Button 1?
Uh-oh. Is that alterable somehow? Do I just have to change the approprate emulator's settings to appropriate with it?
Well, I've seen some models come with alternative drivers that switch the Triangle and Cross buttons - but usually it's no big deal, most games and emulators are usually good sports about letting you alter the button layout. I personally haven't had a problem with it except in some very old DOS games.