No, not a bashing but a counter-point.
I'm not very familiar with SOHO WAPs but the only key security feature that Cisco and Orinoco has that the SOHO units doesn't have is disabling of SSID broadcast.
If you read your original advice, it does sound like you're saying Cisco 802.11b gear is the only good way to go; the strong implication is the rest is no good. What I'm saying is for the SOHO user (i.e. someone considering an Apple Airport), there are alternatives that deliver clearly better value than Cisco.
Besides, WEP is generally considered broken by security experts, so 128-bit WEP isn't that big of a deal (I'd still try to get it if possible since most people won't run VPNs). Personally, I own an inexpensive Compaq wireless router that has both 128-bit WEP and MAC address filtering (I wish it would do port ranging though).
In short, I would say that JackMDS would do a better job (than I) of disagreeing with your sentiments that SOHO units lack quality or security.
Finally, if Belkin really does use Lucent internals, then you can steal one at CompUSA this week for $100. I'm not sure why they don't implement a web-based administration interface, but that's not a deal breaker IMHO.