[pi-rat]

This is much cleaner[1] though. It seems to just do 48/24v -> 5v via 4 pins. No more ethernet pass-through.

[1]: https://www.raspberrypi.org/app/uploads/2018/03/770A6339-161...

[TorKlingberg]

Yes, the old PoE hats had two RJ45's on them, and you needed a short cable between that and the Pi. It's unfortunate they had to put a fan on the new hat though.