I can confirm this bug still exists on 7.10 Gutsy Gibbon with a Linksys WMP54G v4.1 (RT61).
The CVS hourly tarball from Serialmonkey works for me: http://rt2x00.serialmonkey.com/wiki/index.php/Downloads
Note: the official ralink driver didn't work for me either, but it shouldn't really be used anyway (imho) as it doesn't comply well with current kernel module standards.
I can confirm this bug still exists on 7.10 Gutsy Gibbon with a Linksys WMP54G v4.1 (RT61).
The CVS hourly tarball from Serialmonkey works for me: http:// rt2x00. serialmonkey. com/wiki/ index.php/ Downloads
Note: the official ralink driver didn't work for me either, but it shouldn't really be used anyway (imho) as it doesn't comply well with current kernel module standards.