Of course I have a router that's online. I've got a modem, plugged into a router, which plugs into a hub, which plugs into a bunch of computers. We're all on the internet, and none of our devices seem to slow down or hinder the internet connection in any way. A computer plugged directly into the modem speed tests about the same as a computer plugged into the hub at the end of the line.
Anyways, after turning on all the web sharing preferences, it sort of works, but it's really slow, and sometimes tells me that it can't find the server. I did put the mac/IP address into my routers preferences, and it didn't make a difference.
I have a 6mb down/512k up connection, so you'd think the wi-fi would be pretty fast, right?
I'm gonna restart my computer, and my iPhone and see what happens.
edit: It seems like when I put the Mac address into my router preferences, the iPhone will load a page really fast, but then it'll stop working right after that. It lets me go to apple.com really well, but it won't load hotmail or anything.