Actiontec MI424WR dropping wireless connection intermitte​ntly; wired connection works

Question

I've had this router for about two years, with no issues.
Beginning on Saturday, our two laptops and phones began losing their connection to our wireless network, dropping the signal every 30 seconds or so.  I tested the wired connection by plugging the laptops directly into the router, and both computers functioned properly - no issues connecting or staying connected.  I have my Roku hard-wired to the router, and that also has had no issue, so it'd definitely a problem with the wireless signal to my devices.
Spoke to a CS rep, who had me first check the internet signal (green, blinking sporadically, which I was told indicated no issue with the connection), then had me reset the router and unplug.  No dice. She said the internet signal seemed fine, and that "everything looked good on her end", whatever that means.  They're sending a new router which I'll receive today or tomorrow, but I have trepidation.
Has anyone else had this issue?  I saw alot of router issues on the forums, but wasn't sure if everyone was having this specific problem (just wireless connect issues).
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Answer 1

This turns out to be good advice. I changed the channel on my router settings to 11 (per an earlier post on a different thread), and I haven't had an issue since. Here's the original post: "01-21-2011 11:32 AM that type of problem doesn't sound like a router issue, but instead sounds like a wireless transmission issue. you may be able to resolve that fairly easily.. Try to change the wireless signal. you can do that in the router. open a browser, and go to http://192.168.1.1, user name is admin. and the password is most likely the serial number found on the service tag of your VZ router unless you changed it. Once you login successfully, go to the top and hit wireless, then on the left basic security. then go to option 3 which is channel 1, 6 and 11 and are the only channels you should try. So it will likely be set to auto, change it to 11 and put the check for keep settings even after reboot (Directly under the channel) and then hit apply., after you hit apply, test your connection out, if you notice a difference, leave it like that until the problem happens again, and if it happens again, go back into the router, and try channel 6, test it out. and then finally 1 if the first two don't work."