Well whenever I go to play online games (World of Warcraft, Allods Online, etc.) I have extremely bad Latency. I have been told by several people now its being caused by this new router. I have no idea what to change or how to fix it but any kind of help would be appreciated.

Instead of relying on peoples opinions, try testing it for yourself. Remove the router and connect directly to your pc (I assume you have a modem somwhere). Does the problem persist?

If so contact your isp (a lot of gamer probs are caused by crappy isp's, they don't like people who actually use their connections, although they seem to be getting better)

If removing the router helped then maybe think about not using it, at least when you play games, or get a better one that gamers rate well. If you connect using wireless then don't, wireless is slower than using a cable, and will definitely increase your latency too much.

A traceroute would show you where the latency creeps up. It's been too long since I last did one and it's 2.30 in the morning here so you're on your own with that one, for now anyway.

I'll try to remember to look up how to do a traceroute properly tomorow and add it to this page. the command is tracert and then an option such as -a and then an ip address ( eg game server) so it'll look something like "tracert -a 92.56.178.76" but I can't remember the other options (or what -a does in this case). Also i'll think about how to speed your router up, if it is that causing your woes.

I hope i've helped a bit, if not then maybe tomorrow