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Cons: The wifi is horrible (both 2.4 and 5 gighz) Every firmware update has been worse than the previous
Other Thoughts: I have had this for over a year (v1) and it has been a nightmare. I have to augment the wifi with a WRT160NL about 30 ft from the wndr3700 (my entire house is wired so most of my devices are wired except for some laptops). I can get 30 mbps on wifi (over 60 on wired) if I test right after rebooting the router but after a day or so it will drop to 8 mbps or less at the same location.
Even with 8 mbps I should be able to stream Netflix but I have a lot of connection issues. Also have connection issues with this router and Directv2PC.
I left Linksys because the wrt series left a lot to be desired but probably wont go back to netgear after owning the WNDR3700.