This setup has worked fine for a long time until tonight. My connection started cutting out and reconnecting, then went down all together. I left it for about two hours to see if the problem would just correct itself, and it hasn't been able to reconnect since (has been down for about 4-6 hours now). It detects the connection but cannot connect to it.
I've restarted the computer and the router. When using the troubleshooter in Windows Live Messenger, it tells me there is a problem with my IP. I tried to reset the IP using ipconfig /renew and ipconfig /release commands to no avail. Both tell me "No operation can be performed on Wireless Network Connection while it has its media disconnected."
Contacted my ISP and they told me it was either a problem with my computer or the router. Two laptops are able to connect without any problems.