Update 10/31/10:
This product has worked *flawlessly* for a year straight! Highly recommended without reservation!
Update 10/2/09:
New firmware update available from Linksys 8/31/09 (I went from 1.0.01 to 1.0.03 today). After applying new firmware, the reported signal strength increased significantly. So did the consistency and reliability of pings (previously would vary between 2ms and 410 ms as well as skip an occasional ping - now consistently below 5 ms!). I would recommend this product, but be sure to be running firmware 1.0.0.03. This update may address some (but not all) of the issues that previous reviewers experienced.
Original review:
Quick shipment from Amazon. As much as I dread Setup wizards, I used the wizard supplied on the CD-ROM, which I ran from my laptop, which is connected wirelessly via the wireless router. Connected bridge to router with the supplied straight-through Ethernet cable. The wizard quickly detected available wireless networks (I selected mine - not my neighbors'). Asked me for passphrase (it knew I use WPA2 encryption) for router (Linksys WRT54G), waited a bit, then wizard told me to disconnect bridge from router and then connect the bridge to my remote device (in my case - a home-theater-in-a-box) (HTIB) with an wired ethernet connection. A bit later, wizard announced setup finished. Instantly able to watch streaming Netflix and listen to Pandora on the HTIB.
Prior to running wizard, I added the MAC address of the bridge (it's on the underside of the unit) to the allowed list of "PCs") on my router's list of allowed MAC addresses. Second, I ensured that I had a sufficient range of DHCP addresses dispensed by the DHCP server on my router (total of 3 - one for the laptop, one for the wireless printer, and now added a third for this bridge). Third, I had my router passphrase readily available to supply to the wizard.
I think that since I was well prepared, the setup was flawless and quick. I totally understand why wizards are used - they're for novices to easily set up their stuff. In this case, I think it took the wizard less time to set up the device than it would have if I were to have chosen to set up the bridge manually (which is an undocumented option). A novice would have a struggle with a manual setup, I'm sure.
Signal strength on the bridge indicates to be a bit weak for business use, but for home use, it's working great for my sole application. One could certainly add more devices on the bridge side by connecting the bridge to a switch to provide additional Ethernet ports. Of course, the bridge will pass DHCP info to any device connected to any such switch. And of course, no address needed for a(n) (unmanaged) switch.
The only thing I'm uncertain about is this product's longevity. I did have an early Linksys WRT54G totally fail on me, but I'm hoping that having placed my current one on a UPS, this won't happen again. I have confidence in current Linksys products.
I hope Amazon buyers find this review helpful.
I recommend this product.