I have an installation right now at burning man w 1200 linear leds. It has 4 fadecandys with separate power supplies, each of which control 300 leds (150 in 5m each way) Running DC that far required pretty thick wire, so it made sense to run ac to distribute the Dc conversion.
(It's the body and tail of a whale.)
I originally designed it with USB extension cables (up to 64' long from monoprice), but I got nervous about the reliability of that (weird glitches) and went with 4 raspberry pi boards on a wifi local net, running client software controlled by a single server that broadcast pattern and time codes to keep all 4 in sync.
I ran cat6 twisted pair to inject data (and gnd) at the beginning and 2 points on each 5m strip (cutting the data line on the strip with an exacto) Power was only connected at the beginning of the strip. I had reliable performance with the data/gnd line 4m long.
It all works, but the build was pretty fussy, especially the cat6 injection.
-'//es