I don't know of any ISP that doesn't run a DHCP server. Note that I didn't bother to mention DNS configuration for the same reason. Defaults should be fine.
Since you're on DSL you'll have to set up PPPoE on the router itself, but that's not terribly difficult to do.
I don't know who your ISP is, but I seem to recall you being in the GTA. If you're on Bell, you're a sucker.
Teksavvy is much better.
Draft n isn't a dealbreaker by any means, but at the same time it shouldn't end up costing that much more (if any) and if you're buying a new router anyway you might as well get the latest and greatest.
EDIT for the cross-post:
The device he's talking about is the DSLAM -- the server at the other end of your internet connection. It's not terribly relevant.
Linksys is a subsidiary of Cisco, who pretty much set the standard for networking. Their reputation is well deserved.