I had the 192.168.1.XXX IP configuration in use with a Linux DHCP server, but the WET11 refused to pass DHCP to anything on the wired ethernet side of it. The only way it would work was by using a Linksys router as a DHCP server.
I wish Linksys would acknowledge this problem and get it fixed. This is similar to the early days of their router when it would corrupt downloads. They denied the router was at fault, but eventually issued a firmware upgrade to address the problem. Hopefully we will get a firmware upgrade for the WET11.
Stu
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If you want it to break, buy Sony!