As an affordable wireless router, the C7 offers options found on more expensive models, but at a more attractive price.
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Pros
Pro Good degree of control over the guest network
The Archer C7 allows you to use one guest network per WiFi band. You can choose when these guest networks are activated and you can also configure the maximum amount of bandwidth that guests can use.
Pro Best performance for the price for both large and small houses
The TP-Link Archer V2 offers great value for the money for most people who are looking to buy a wireless router. It is faster and covers the same area faster than routers that cost twice or three times as much, While it's not the best performant router under all circumstances, the jump in price to get the best router for a certain scenario would not be proportional to the added performance.
At short range (around 11 ft) it provides 200Mbps-160Mbps depending on the line of vision, thickness of walls, etc. While on long range (around 43 ft) it provides 175Mbps-72Mbps depending on the line of vision, thickness of walls, materials the walls are made, etc.
Pro LED status indicators
Blue lights in front of the panel indicate status of power, wired and wireless connections.
Pro Provides a good assortment of basic features
It has four Gigabit ethernet ports, supports USB file sharing and media streaming through two USB 2.0 ports, has parental controls for an increased degree of control, and has support for guest networks.
Pro Great for appartments with lots of WiFi interference from neightbours
The Archer C7 allows you to access both 2.4GHz and 5GHz WiFi bands, which has the benefit of improving performance but also makes it easier to escape any interference from any neighbours' WiFi.
Cons
Con Is missing some more advanced features found in other routers
It does not have some advanced features such as Quality of Service controls, iTunes server, jumbo frames or VPN server.
Con Parental controls might be somewhat confusing
For those who are less tech-savvy, setting up parental controls may be tricky, since they use the MAC addresses of the network's computers (both those use by adults and children).
Con Overwhelming UI
C7 has a plain text UI with a plethora of settings that can be confusing and easily overwhelming.