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Re: can we really write it off?
It works perfectly fine in modem mode and that's what I voted.
Having a combined cable modem and router is a good idea, no doubt about it, but the implementation has not been as good as the concept.
I expect that the faults will be fixed in due course, as Netgear aren't exactly amateurs at this sort of thing, so hopefully we will see the product become what was intended.
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