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So 17Mbps is a reasonable one-way throughput to expect, then? Can at least one more person with a wireless network they think is working well do some testing, please? If it comes in around the 20Mbps range, then I think that leaves my AP as the culprit somehow.

I get just over 20Mbps when using one hop to an AP. It gets halved for each WDS link you're going via as well.