Two ways you can make this work.
(1) Setup your new 655 to work as an Access Point, where everything on your LAN is still managed by your cable modem, and nothing (much) is managed by your 655. You will not have to change any of your current LAN or cable modem settings, and your network will work as it always has, with the addition of wireless access that can talk to all machines on your LAN, as well as to the internet.
Physically you will be connecting one of the 655s LAN ports (NOT THE WAN PORT!) to an available port on your current NetGear GS116 switch, using a single ethernet cable. You can actually connect the 655 anyplace on your LAN; it doesn't have to physically be sitting next to the NetGear GS116 switch.
or
(2) Setup your new 655 to manage your network, at least partially. This will require you to put the 655 in between your cable modem and your NetGear GS116 switch. You hook up the cable modem to the WAN port of the 655 and the NetGear GS116 switch to any one of the LAN ports on the 655. You will have to understand how your cable modem is currently programmed so you can properly program the 655 to work as a secondary manager for your LAN. You will also greatly benefit from reprogramming the cable modem into its "bridge" mode, so that the 655 is doing all the network managing, instead of sharing it with the cable modem. Bridge mode in the cable modem avoids all the "gotchas" of a double NATed network, but reprogramming the cable modem is not absolutely necessary, and your cable provider may not want you to do it.
As you might imagine, this method is very much more complicated than just adding the 655 as an access point, but it does offer the not insignificant advantage of enabling the 655s powerful security functions, as well as the 655s ability to prioritize time critical network traffic. (For example, prioritizing game and voice traffic over file downloading traffic. You want your skype phone calls to sound good and not sound "choppy", and you want your rifle to fire when you pull the trigger, not two seconds later.)
I am happy to explain how to do either method, but in an effort to save some time, it would help me if you figured out which method you would prefer to try. Explaining how to setup your 655 as an Access Point is much easier, and is much easier for you to try out. If everything is currently working wonderfully on your network, and you are happy with the current security of your network, either from what your cable modem already provides and/or your LAN machines provide natively, then setting up the 655 as an Access Point is really what you want to do. Your original message even asks how to setup the 655 as an Access Point, though you might not have realized that was what you were asking:
Please help me set up the 655 so that wireless users can access my local network and the Internet.
You can read a message I left a few days ago by clicking
here. It explains most of how to set up the 655 as an Access Point, though it's definitely not a step-by-step instruction sheet. If this is what you want to do (or at least want to try first), let me know and I will try to take you through the procedure.
Bill S