I made this post (this) and thought the problem was with the G27 itself. It works with the other games it's compatible with, so I figured I would ask here, under LFS issues, hoping to have more luck in solving the issue.
If anyone could help (because this is the only thing I have in my life right now that makes me happy) then it would be greatly appreciated. Thank you in advanced.

Try re-initialising controllers, CTRL+C (or was it shift+c?) and then turn wheel from lock to lock. If the pedals are also not read properly - depress all three in turn.

That used to work when I had a simiar issue...

Thanks! I'll try that when i get it back hooked up (been moving things).

This is an easy fix. Just turn your wheel from lock to lock and LFS will calibrate the steering properly. Same goes for pedals.