But then again, if you're in an isolated area where you either know the people around you and they have no way of getting into your network or you would know if someone was parked outside your house using your wireless, then you would be fine w/o encryption IMO. I'm setting up my wireless LAN next week and I won't be using encryption. After some thought and reading responses on here for many weeks as well as reading articles, I determined that I will be able to make my network secure enough for what I need w/o WEP. I live on the corner of a street with 3 people that would be within range, and none of them even have computers or know that I have computers--heck, most all of the people on my street and the ones across as well as behind are at work all day, have very young kids and I would bet none of them are very computer literate. So, by taking precautions with MAC filtering, passwords on shares, static IP's, firewalls, and simple stuff like that, I personally don't worry about it. And as for people driving up and using my Internet, I know whenever someone parks outside my house anyway, so if there is someone with a laptop, I'll take care of them... 😀
Anyway, to sum things up, I think it really depends on your enviroment and the people around you. In my case, I have determined that WEP is not something _I_ need when other precautions are taken--I would much rather have the speed as I have no worries about the people around me.
I'm interested in hearing what others have to say though...