Asus WL500G Deluxe Router

[richard.pieri-Re5JQEeQqe8AvxtiuMwx3w at public.gmane.org (Richard Pieri)]

No.  Wireless bridging (802.11g draft) is not an access point as a  
client to another access point.  It is a dedicated point-to-point link  
between two access points that support the bridge protocol.  Both  
access points need to support the bridge protocol and need to be  
configured to use it.  That protocol is not part of the final 802.11g  
spec so there is little support outside of the open router firmwares.   
Also of concern is that the bridge protocol doesn't work with WPA/ 
WPA2; you're stuck with WEP for all clients on both sides of the bridge.

--Rich P.