Jam Origin has released a beta of V3 of their Guitar to MIDI conversion software. I had two different hardware G to M hex pickups, and later tried the earlier versions of Jam Origin's app, which requires no additional hardware. I found no noticeable different in latency, but maybe a little less rejection of random transients with the Jam Origin.
I don't see how they'd be able to reduce latency, especially for the lower strings on a guitar, but if they can do that, and improve filtering of unwanted transients, this could be quite useful to some.
https://www.jamorigin.com/beta/
Jam Origin Beta
Moderator: James Steele
Jam Origin Beta
2018 Mini i7 32G macOS 12.7.6, DP 11.33, Mixbus 10, Logic 10.7.9, Scarlett 18i8, MB Air M2, macOS 14.7.6, DP 11.33, Logic 11