Hi Forcesho,
You prolly know a lot more than I about networking stuff, but the 314 is a Gateway/Router. Don't know much about the "gateway part" (heck, I only just recently put together my FIRST FILTER!...woo-hoo!)
The 314 has a really lame IE interface you can use to set it up. They advertise "works right out of the box...just plug it in!" Yeah, right. 😛
It didn't work for me and I had to learn about TELNET (which is vastly superior anyway, just doesn't have a warm-fuzzy user interface) to get it up and running. But, that said, it's worked like a charm since I got it setup. I had three blackouts (before I got my UPS) and it retained all it's settings. I score a "0" on DSL reports big, long security test, so it's doing it's thing. No response from any ports or pings. Cool. It's worked flawlessly since I got it setup.
Netgear's customer support isn't all that great. I won't say it sucks, because it doesn't, but you will wait on hold for an hour, easy.
The kind folks right here on this very forum helped me out. Now that I know a little about the router and how "routing" works and some about filters, I can "see" why the setup is the way it is. I was most definitley lost and SOL when I first got it though.
I'd still recommend it, especially since I know how to set the stupid thing up now.