Yes it does
Any racing games are compatible with the steering wheel.
I can but don't get to walk the protagonist on the screen.
You can't; Xbox's and Xbox360's are not compatible in any way.
Yes there are game specific accessories available for the Xbox 360 unit such as a steering wheel for racing games and headsets for talking to other players.
Yes you can...
Noo, only on games with a little steering wheel marked on it
the only xbox 360 wheel ive heard of is made by xbox and that one's wireless......
No. An Xbox 360 wheel controller is different to PS3's wheel controller. Therefore, it will not work.
xbox will not sync with madcatz wheel
I believe there is, but I bought my wheel off my friends dad for $50, and he didn't have the disc. It works just fine without one,
An Xbox 360 racing wheel is a special accessory for Xbox racing games that allow for better controls. It typically sells for $399.00, as advertised online from Amazon.