Vince,
Here is what I did. I am using the 192.168.1.X network. I am using a 4-port Linksys Cable/DSL router for access to my cable modem. It is my gateway. All other hosts (2 PCs and D-Link AP) are plugged into the Linksys router's ports. Make sure you are using a cross-over cable to connect your AP to your hub/switch. Make sure the "link" LEDs on both components are lit. My addressing scheme was pretty simple:
Linksys Router 192.168.1.1 (Default Gateway)
D-Link Access Point 192.168.1.2
All other hosts 192.168.1.3-254
Of course, as you know you can use any private addressing scheme you like. It appears to me that the key is to know your default gateway (for Internet access) and make sure your AP is correctly connected to your hub/switch.
The AP is supposed to do DHCP, but all the reviews I read, many complained it did not work. Static addressing is a bummer if you have a lot of machines, but for a home network it's OK. Good Luck! If you still have trouble, let me know, we'll get it to work.
Mike
Worth noting - PC magazine just came out with a review of access points and the Linksys was fastest for the home user market!