As described, this is a simple and inexpensive solution for connecting an audio server to a home network that offers the benefit of immunity to RFI/EMI (except at the converters). My run is 45 feet long and I am using this fiber into two of these converters. In my system, I have a hard time discerning a difference between the optical solution and 45 feet of CAT8, but every system is different with different levels of quality and design on the inputs/outputs, connectors, power/grounding, and other factors. This may not be as much of an improvement for me since my system does not seem to have noticeable noise to begin with. As some have pointed out, the addition of two converters and two power supplies may have an effect on one's system. I am using LPS to power the converters. I am glad the fiber is working out for your system. What you described is an example of how to accomplish something without spending big "audiophile" money.
I recently added the Network Acoustics ENO Ag Ethernet filter and their 1M cable. That filter will not work with the 1000Mbs MC200CM converters so I had to purchase 100 Base converters in order to use the fiber with the ENO. Also, make sure the fiber cable you purchase matches the converters since there are a couple of different types of cable and I believe I had to switch when I purchased the MC100 converters.. I typically do not like small boxes cluttering up my signal chain, but the ENO is seeming to improve the sound from the incoming Ethernet, although for quite a bit more money. I am also using a switch after the second fiber converter and before the ENO, with very short CAT8 cables between.