Well, after a weekend of ripping the same movies over and over and over (that's three times, as you can see), I can report on the success of the 2D to 3D conversion process.
As I mentioned in my last post, I am using an LG 47" 3D Cinema passive led TV which has it's own built-in 2D to 3D on-the-fly converter. I also just purchased the Micca EP600 G2 3D media player (and a big round of applause goes out for that little jewel). It too has a built-in 2D/3D converter.
The resulting image using DVDFab's 2D to 3D conversion software is by far the most stunning. It has excellent depth and is very convincing, while the other two on-the-fly conversions produced a movie that was rather flat.
The reason I ripped the dvd three times, is because I needed a flat (2D) blu ray copy to test the LG and Micca units with, a converted (via DVDFab 2D to 3D) blu ray copy, and finally, the real deal blu ray 3D mkv rip. Needless to say, the native 3D movie (in this case, Journey 2) was far and away the best 3D experience.
All in all, the DVDFab 2d/2D conversion get a thumbs up from me. While it's not as convincing (and certainly not as accurate) as a film natively shot in 3D or one converted professionally by a big budget movie house, it is none the less a great way to get your triple-D ya ya's out on classics that haven't undergone the "treatment" yet.