First the tease, now the payoff. Thrustmaster has officially announced the full specs and price for its T500RS steering wheel and pedal set, otherwise known as the official driving simulator for Gran Turismo 5. The T500RS purportedly lets "users truly feel the emotions experienced by drivers on real racing circuits," though whether this includes feelings of unquenchable anger from being put into the wall at Daytona is unclear. A contactless magnetic sensor system known as HallEffect AccuRate Technology gives gamers sixteen-bit precision input that represents a significant upgrade over the twelve-bit version in the Ferrari Wireless GT $#@!pit 430 Scuderia Edition. Additionally, 1080 degree wheel rotation gives drivers a half-turn more than Logitech's Driving Force GT, and the system comes with fully adjustable pedals configurable for floor mounted (F1-style) and suspended (GT-style) positions. Slated for a late December or mid January release, depending on your location, the T500RS has a hefty list price of $599.99 MSRP, but how else will you find out what a Bugatti Veyron really handles like on the 'ring?