It would possibly work however your connection would be limited to 100Mb on the wired cable side then get even slower on the wifi as this product only supports 54Mb WiFi connection speeds. The LAN connection on the DNS is 1000Mb. If your going to do any streaming or file xfers, you need something better than this product.
I recommend one of the bridges listed in that article I posted to you:
D-Link DAP-1522, 1525,1533, 1650 or DIR-880L, 868L, 865L
These all have 1000Mb LAN connection support and good WiFi supporting speed way higher that 54mb.
Don't install a bottle neck if at all possible.