Huh? as far as 10Gb is concerned copper has exceeded that transfer speed years ago. Yes fiber has advantages but in this case you could easily handle the throughput of Light Peak with copper.
What do you consider "any useful distance" If we are talking about Desktop computing I would say ~150 feet would be more then adequate.
Also to say Optical transport does not have any attenuation problems is flat out wrong.
Sigh. I have personally sent 160 Gbit/s of data down a SINGLE 100 KILOMETRE length of cheap optical cable. At a SINGLE wavelength. And been able to decode all that information ERROR-FREE. I don't know how much that means to you, but it's quite simple. Fibre optic cables can carry an astonishing amount of data, over incredible distances, with very little loss of power. Yes, the equipment to do that cost at least hundreds of thousands, if not millions of dollars, but it is simply impossible to do that using electrical signals through copper.
Yes, it is possible to transfer 10 Gbit/s via a single copper wire, but the power required is huge. So nobody does it. They all use 8, 16, 32, etc. copper wires to share the load, and keep the clock speeds down. Light Peak can do this over a single optical cable, with a tiny fraction of the power that would be required by an electrical connection. It also has the capability of transferring far more data than in the demo.
Finally, if a single optical cable using Intel's current miniaturised multiplexing and demultiplexing technology can carry 10 Gbit/s, with even more miniaturisation, there's nothing wrong with throwing 4, 8, 16 etc. fibre optic cables together for even more speed.
** End Rant**
I reckon it would be pretty sweet if Intel linked a simplified USB 2 or maybe even USB 3 connector to the two in/out optical fibres of Light Peak to make a truly universal connection. Come to think of it, even USB 1 would be sufficient. High speed devices use the Light Peak connection, requiring the full laser/photodiode package, where as your slow, mundane devices like mouse and keyboard can connect via the electrical USB interface, requiring nothing more than such devices use at the moment. Who knows, maybe they'll be able to modify the existing USB socket design with 2 or 4 fibre optic cables, and merge the two standards completely, ensuring that old devices still work in the new sockets?
Now wouldn't that be cool?