Hmm, so If I got that I could then run the Shimano UN-55 BUT I'd have to change my chainset crank? have I got that right??
It's so confusing this BB lark
I honestly think converting your bike to square taper would be loads of unnecessary faff.
For a start, there are different spindle lengths of UN-55 available - how would you know which one to buy to get the correct chain line? Also, I'm guessing that your current crankset is of the modern type with little tiny chainrings that modern mountain bikes have - I suspect that you'll not easily/cheaply be able to get something similar in square taper, which mainly caters for older touring/other stuff now with larger chainrings.
That converter looks really good, but presumably needs to be glued in. I wonder what happens if it creaks or moves once glued in? Would it ever come out again without destroying the frame? I honestly have no idea.
Replacing like for like might be easier. Difficult to say really, and it should be noted that that if left to get loose, exactly the same thing would've happened with a square taper set up.