Smash Bro, that sounds like a cool system, but it suffers from the same problem that the analogy with the water bottle did. There would be force pushing in each direction. Say the ball moved to the right, when the springs go into action they press on the controller to go left, correct. But then, when the ball stops, the controller pushes to the right. Then, the springs push the controller right again to recenter the ball, and when the ball stops in the center, it pushes left again.
All of that pretty much makes the ball system into a glorified rumble pack.
It all comes down to the third law of motion, Every action has an equal but opposite reaction.
For force feedback, the controller would have to push on something outside of itself, it could do this using powerful fans (or jet engines as someone suggested) to push on the air around you.