<<
effective speed is around 6-8Mb/esc >>
I have never seen a review give a speed that fast. More like 4-5 with no WEP, and depending on the equipment, sometimes MUCH slower with WEP active. For me, it's about 4.6+ beside the access point, and 4+ a couple of floors down, WITH WEP active.
Note however, it's faster (by almost 1 Mbps) if I originate the file transfer from my wireless laptop and transmit it to my wired desktop rather than the other way around. Ie. in the first situation, my laptop encrypts the signal and the access point decrypts it. In the second situation, my access point encrypts the signal and the laptop decrypts it. Ie, it would seem that the CPU of the access point is the limiting factor - it can decrypt at very good speed but it can't encrypt as fast. Indeed, one guy with a Linksys has stated he get significantly faster transfer speeds if he uses a laptop with a fast CPU vs. a laptop with a very slow CPU.
As for lag times, it seems that wireless connection adds maybe up to 5 ms, but it's nothing major. I can game with it no problem if I have a good signal.
So decide if 5 Mbps is enough, and if your setup will allow you to have a good connection (ie. not too many walls). If so, read the reviews, and select the equipment accordingly.
EDIT:
P.S. I use the
Netgear access point and
PC Card. Tim Higgins gives them a favourable review at Practically Networked (and that's why I bought them) but I'm confused as to why he seems to favour other brands when they actually consistently perform slower (with WEP active) and less reliably than the Netgear, even according his own measurements.
P.P.S. While it's fine to get only 64-bit WEP for home, I wouldn't get a wireless PC Card for a laptop without 128-bit WEP support if you plan on using the laptop anywhere else. Many places with WEP support now ONLY 128 bit.