You will not be able to use the XBCD drivers on the xbox 360 wireless controller unless they release wireless xbox 360 controller drivers.
But you will be able to use it, just without the XBCD drivers.
I sort of answered this above, but just to clarify, no you will not be able to use the XBCD drivers on the xbox 360 wireless controller yet.
In the LFS Options in the Controller section, just adjust the steering wheel degrees.
P.S. I used the XBCD drivers but then uninstalled them and went back to the default windows drivers. I did this because the XBCD driver converts the Force Feedback to Vibration Feedback, so in games like Crysis it won't work because there isn't Force Feedback because it is built-in with Vibration Feedback for your xbox 360 controller or any other controller (Because is a "Games For Windows" game).
Anyway, happy xbox 360 controllering