Engadget has posted a story on Thunderbolt, and they say this about forward compatibility with optical:
Now, that's pretty cute, but I don't think it will allow speeds over 10Gbps with the current ports. Still pretty nice, but I wonder how expensive that type of cable will be?
...the port you'll find in new MacBook Pros and storage devices can actually take an optical cable when those are cost-effective enough to roll out, because Intel will eventually bake the optical transceivers into the cables themselves.
Now, that's pretty cute, but I don't think it will allow speeds over 10Gbps with the current ports. Still pretty nice, but I wonder how expensive that type of cable will be?