I have the same setup with a Sparco wheel. I was also a little concerned about whether it would put the wheel too close, but I am on the tall side, so it works out just about perfectly for me. My only gripe is the shifter is a touch too far forward relative to the wheel, but I've gotten used to it now.
As Sieg said, it's really nice to pop the wheel off when you want to work around the dash area, and I took mine off when I've left it parked somewhere that I'm not completely comfortable with and just put it in the trunk.
Nice piece, well made, I recommend it.