I recently discovered that a few people are accessing the internet via
my unsecured wireless network. In my quest I found that the 64/128
bit Wep encryption is the norm...

However, what about just setting up a MAC filter?

Im probably like most users in that my network consists of just a few
wireless devices... why do most people use encryption (
WAP(2)/Radius/Wep ) instead of just manually listing the permitted MACs
that can access the wireless network.

I can see for a big business with many computers this would be too time
consuming, but for home or small office wouldnt a MAC filter be the
MOST secure and have the LEAST latency associated with it?? Why isnt
this option ever mentioned?

Thoughts??