The Wifi-to-serial adapter looks nice, but it's as much as half of the price of the router (+ who-knows-how-much shipping) so not cheap at all, and the huge disadvantage is that you cannot hook up any extra sensors like a webcam and a mic + speaker, which is crucial for my project.
Well, I have now ordered both the router and parts for the LM2596T circuit, all should arrive here in some 10 days, I will report on my progress when I get my hands on the stuff.