IEEE - "The IEEE name was originally an acronym for the Institute of Electrical and Electronics Engineers, Inc. Today, the organization's scope of interest has expanded into so many related fields, that it is simply referred to by the letters I-E-E-E (pronounced Eye-triple-E). "
802.11:
IEEE 802.11 - Wikipedia, the free encyclopedia The first release was 802.11a, pretty grim in comparison to what we have now. It supports around 54mbps but only travels around 15 meters.
802.11b, 11mbps but up to 45 meters.
802.11g, 54mbps but up to 45 meters.
and now... 802.11n, 300mbps but up to 91 meters.
Yes, the technology is considerably faster and over a longer range. But no, it's nothing that Joe Public should be getting excited about.
The marketing will obviously be pushed to get you to go out and buy one, and they're not that much more expensive.
The real question is though, do you need it?
If your broadband is 10mbps (10 Meg/MB),then you're never going to be using the full potential of your wireless network anyway (unless you're transferring lots of files between two nodes on the LAN).
As Matt says, if you're a heavy user (streaming around the house) then yes, it might have advantages.
Ebuyer sell a Cisco/Linksys a Cable Broadband one for around £60.
Linksys by Cisco WRT160N Wireless-N Router - Ebuyer At those prices, you'd be daft to buy an older model if you actually needed a new one.