Hi,
The [Logic Level Converter (sku: BOB-08745) is affordable, easy to implement and reliable.
Presently, dealing with a remote I2C device requires 5 wires: SCL, SDA, GND, 5V, 3.3V.
So something is missing: a built-in regulator to provide the 3.3V low voltage.
With this updated converter with built-in regulator, a remote I2C device will need only 4 wires: SCL, SDA, 5V, GND.
Best regards,](http://www.sparkfun.com/products/8745)
Frankly, I wouldn’t recommend using that level shifter for I2C. The I2C bus is bidirectional and the Sparkfun level shifter is only unidirectional. If you need a I2C level shifter you would be better off to use something like a PCA9517.
avenue33:
Presently, dealing with a remote I2C device requires 5 wires: SCL, SDA, GND, 5V, 3.3V.
You might find this recent comment about I2C level translation useful: viewtopic.php?p=116557#p116557
–Philip;