WEP = broken and easy (google for backtrack, it's a linux distribution that boots from CD, it has integrated tools for wep cracking)

WPA = not broken and difficult/impossible to crack the password from analyzing sniffed traffic.

WAP = wireless application protocol, this has -nothing- to do with 802.11 wireless networks, but rather is a lightweight protocol for delivering web content to cellular phones.

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currently testing sv8000hd, convert FLU to 2700, and visionsat iv200