So, the torture began...
However, it was all for a good cause. After some cutting and drilling, the old joystick became an H-Shifter, mounted right in the place of the actual gear shifter in the BMW E36 center console.
In case you're wondering how the joystick is going to act as a H-shifter, it's all thanks to a great and simple software called FFShifter.
Note. No hardware was harmed while making this blog post. Except for a Logitech 3D Pro joystick.