True, it is not dualband. I still think it's the best off-the-shelf-buy-it-at-the-local-retailer type device currently available. Since it has plenty ram and 32Mb of flash as well as 2 usb ports, I plan to use it as is for now and then add a usb dualband radio later once an opensource driver is released if I need one.
Very few devices in this class have the potential for modding into various devices that the RT-N16 has. Want to add asterisk telephony to your router? No problem. Add more wireless radios? Plenty of space for drivers, plenty of ram. One guy said he loaded all options available and he still had half the ram free. Most other dd-wrt compatible devices have 64Mb or less ram and 4-8Mb flash so they are much less versatile, not to mention the slower processor speeds which can cause performance bottlenecks. And it retails for around $95.