IMO yes. It does naff'all except create paranoia for users who don't really know what it's doing in the first place. Looks good on the router's box/packaging, but that's about it...
Standard disclaimers apply though. I.e. you can't sue me if you get hacked/wormed somehow
Anyway, to summarise I have now learnt that static IP addresses are safe and so if and when I migrate to Zen next month, I shouldn't have anything to worry about.
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