Charon:
I noticed the rotation, too. At first I thought it was a bug, but now I think it is intentional. In Control Manager, the "up" direction corresponds to the direction your finger "pushes" on the physical hat switch; the rest of the positions are rotated accordingly.
Thus, on the stick, "up" is truly "up," because for each of those hats, your thumb pushes in the "up" direction (for the side hat, "up" is actually toward the back of the stick or away from your body). On the throttle, though, it is different. For the back hat, "up" is "down," because your index finger pushes in the down direction. On the hats on the front of the throttle, "up" is "right," because your thumb pushes to the right.
Once you get used to it, you start thinking like that and it makes perfect sense. Until then, it is easy to do the required mental roation.
- JNOV