I'm guessing that we won't have definite answers until a manual goes up, but I'd expect the IR-1000 to do one of two things (and probably give the option of whichever one you prefer): manually assign an IP address, or get one through DHCP. If your home network has broadband, I'm guessing you've got a router (I have a D-Link at home, and a Linksys at the office) -- that router probably has a DHCP server that can be used to hand out IP addresses.

They can't be pre-assigning these things addresses, so there will have to be some flexibility here. I'm personally curious to see how this thing hangs itself onto the net.

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Gonk