I thought it would allow the Naomi JVS output to be used in a Jamma cabinet setup. Do I need something different for this?
That's exactly what these do... When I see JVS to JAMMA I think you have a JVS cab and you want to convert that into JAMMA.
You have a JAMMA cab, that you want to run a JVS board in. In my mind this would be JAMMA (cab) to JVS (board).
The game board is considered the "source" therefor:
I reject this statement! The cab is the "base" upon which all boards are installed to.
X to Y is base to accessory, cab to board. If the cab is JAMMA, then this is a JAMMA to JVS conversion.
I don't care if I'm the only person who sees it this way, I refuse to adjust my perspective.
Anyway semantics aside, I've got the Capcom IO and I LOVE it!
I didn't have the version of the Sega IO with the black shell (mine was just a bare PCB).
The reason why the Capcom was/is my preferred is the power.
I didn't want to run a 2nd PSU in my cab for JVS voltages, using one (JAMMA) psu and adapting it is the way to go.
Do keep in mind the Capcom IO can't supply enough juice for a full Naomi GD-ROM/DIMM setup.
Without modification you are limited to pretty much carts only.