Works very well as promised
I bought this converter due to my arcade stick not working as a legacy device in Street Fighter 5 for PS4, bear in mind that this is not plug and play, it will work for some time and then stop working, this is because the firmware must be updated for the converter. Once updated you should be good to go. I haven't noticed any significant latency when using this converter, as I can still pull off 1 frame links in Ultra Street Fighter 4. Overall this is a great converter for anyone upgrading to next gen and not looking to spend £100+ on a new stick for fighting games.