There isn't a CLEAR answer on this forum. Only personal opinions.
But, the decision to convert IS one way. Silicone is very tenacious stuff that you can't totally remove from the system. That's why the US military doesn't convert away from silicone fluid in their fleet. No way to throughly flush it.
Water doesn't mix with it. But, it still gets in the system and the innards corrode over time. So, you have to change it just as frequently as Dot 3. The military learned the hard way there is no savings in routine maintenance.
IMO the ONLY thing going for it is that is doesn't damage paint. If that is your priority, make the conversion. Otherwise, stick with DOT 3 or convert to Dot 5.1.
You have to replace ALL the seals and rubber bits for the conversion, as they are permeable and absorb some fluid. This then mixes with whatever you converted to, negating any purist fluid idealistic qualities.
Silicone is slightly more compressible than DOT3 or 5.1. Some report noticing the system as slightly more spongy.
Many that have converted, swear by it anyway. But, I'm steering clear of it.
Cheers,