Well it is apparently possible to build your own mouse/joystick switcher, all you do is mount the ports onto some veroboard and connect the the mouse port, then attach a switch to the +5v on both ports, when it is switched one way the mouse works, when switched other the joystick works..
My electronical knowledge is not good enough to build an autoswitching device!
I will look for a long enuff cable, if not I'll make an extension cable myself.. cant be too difficult!
I will be creating cables for all the ports on the back anyway!
I too want bright blue LED's but only because they are not too common