After my experiences with it (dropping video/etc) I recommend not using it. You can buy the gigabit version and see 18mbit out of it in a relatively new place.

In the end I went with a wireless bridge. I have a netgear 300N router and a 300N bridge/repeater running on channel 11. The repeater has a 4 port switch on the back of it and I ONLY use this wireless channel for that bridge. Anything else (iphone/laptop/etc) runs on channel 1 on a G router. I was successful at getting my Wii playing SD netflix, the Bluray player streaming HD netflix, and my WDTV playing a 1080P stream off of the network concurrently.

Note that there are 4 networks in the area on channel 1, 9(!) on channel 6, and 3 on channel 11 that I can see from my living room.

Hardware used:
Netgear WN2000RPT (repeater/bridge)
Netgear WNR3500L (router)
Linksys WRT54G (router running dd-wrt as an access point)

Hope this helps!