- Seems the etherregen is a glorified fiber media converter, which may do a really good job but it's extremely expensive when only used as a fiber media converter Once you use ER as a fmc you can't really use the remaining ethernet ports because it will adversely impact the optical connection what's lots of spillover noise from the other ports. Not sure why ER doesn't do a simple network switch without optical. And not sure their fmc is very good.