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There have been a couple of threads about this...
What it comes down to is possible interference. The slowest wireless connection is faster than 99% of cable/DSL connections, so there's no penalty there. However, things like microwaves, portable phones, other wireless access points nearby, even powerlines or thunderstorms can interfere, causing dropped packets. So, no slowdown, but things might randomly time out, lose connection, etc.
I say don't let that slow you down. I've never had a problem with wireless, even gaming. But maybe I've been lucky, plenty of people have.
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