<< do i need a switch to do this..? or will any regular old hub work? and whats this thing with CAT5 wires..etc.etc..can someone explain the difference of each..and which ones i need?
thanks >>
A hub is dumb, and all traffic goes everywhere. It's like a single chanel intercom, you (the computers) have to listen only for what applies, and it's easy to talk while someone else is (packet collision).
A switch directs traffic, based on the mystical MAC address (each device has one, and you don't set it or worry about it, it's part of Ethernet and not TCP/IP). Collisions usually don't happen unless you have a messed up cable, and they can talk in two directions at once. If this 'full duplex' operation is supported by the NIC (network interface car, netwrok card) you will effectivly double bandwidth. a 10baseT hub or swtich runs at 10Mb (Megabits), but in full duplex you effectivly have 20Mb. That's why some switchs 'support 200Mb operation).
Cat5 is simple, get normal Cat5 cable. Don't bother with anything fancy, you will just waste money if you try to make use of the extra ability. A "patch" cable goes between computers and devices (hubs, most cable modems). A "cross over" cable goes between devices or between computers, it's reversed. An "uplink" port on a hub/switch reverses a cable, letting "cross over" cables connect to computers and "patch" cables connect to other devices.