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Pros: Crazy fast. I had a dying Linksys (which served me very well; it was simply getting old) which was giving me 0.5-4 Mbps throughput. With the new Cisco router I am getting 26-64 Mbps, depending upon the time of day (I have Comcast cable access). Setup was very easy. The interface is easy to navigate.
Cons: None so far. Does everything I need, and it's FAST.