This paper compares selected optical packet switching architectures that use the wavelength conversion technique to solve the packet contention problem. The architectures are equipped with shared and limited-range wavelength converters (LRWCs). This paper focuses on two architectures: the shared per node (SPN) and the shared per output fiber (SPOF) architectures, in which the wavelength converters are SPN and output fiber, respectively. Packet loss probability is expressed as a function of the number of wavelength converters used, by means of analytical models validated by simulations. The analytical results show how the use of a reduced number of LRWCs with small range allows the switch to obtain the same performances of an architecture equipped with all of the wavelength converters and using a full wavelength conversion.