Works perfectly, including the IR . I have a fairly long cable run and is also routed via a patch panel.
Honestly I didn't think it would work.
I also bought an HDMI splitter but that did not work so well.For some reason it is not passing the HDCP signal. So, I use component as the local cable, and the hdmi for the extended signal.
This should payback (for not needing multi room) after about a year.