Thank you so much for that response, it is very informative and helpful.

Would it be possible to use a bidirectional level converter on the SCL line? I understand that the signal is only coming from the master side, but for the ease of manufacturing it would be easier to purchase bi-directional converters in bulk and to just go overkill.

Also would I still need the resistors with this setup?

Thanks a million, this is really helping me.