sometime ago i've read a guide on how to convert ps2 pads to pc, you need to buy an extension cable for ps2 pads, then after some changes you'll be able to connect it to the serial port but for force feedback to work you need extra power so blah blah blah...
the easiest method it's to buy a ps2 pads converter for about $15/$20, i personally own 1 named "EMSUSB 2" that let me play with my 2 ps2 pads on my pc using the usb port. you can google but i don't recommend it because my force feedback function don't work very well dunno why
also google for SmartJoy, PS-PC USB Converter III, PSX/N64 PC USB Adapter...