Actually, IIRC, this $22 refurb looks like the Formula Force GP (usually $60+ new), not the original belt-driven non-GP. The biggest tell-tale sign is that the steering wheel is not 100% fully-covered w/the red rubberized grip, as seen here:
http://www.logitech.com/index.cfm/downloads/categories/US/EN,CRID=1789So the $22 refurb model is still somewhat "entry-level" (for a Logitech FF wheel), while the MOMO Racing, Force, and Driving Force Pro are Logitech's higher-end (both in terms of cost and features).
Just wanted to clarify for those who might want to make the $22 purchase, thinking that they'll be getting the wonderful belt-driven non-GP model.