the best option would be a basic router having a wan port and 2+ lan ports !!
1. Connect your ISP cable to WAN
2. Use to different lan cables from router lan port to each pc's lan port !!
This is what I get after ipconfig /all command.
Microsoft Windows XP [Version 5.1.2600]
(C) Copyright 1985-2001 Microsoft Corp.
C:\Documents and Settings\Sandarpan Mukherjee>ipconfig /all
Windows IP Configuration
Host Name . . . . . . . . . . . . : computer_1
Primary Dns Suffix . . . . . . . :
Node Type . . . . . . . . . . . . : Unknown
IP Routing Enabled. . . . . . . . : No
WINS Proxy Enabled. . . . . . . . : No
Ethernet adapter Local Area Connection 2:
Connection-specific DNS Suffix . :
Description . . . . . . . . . . . : Realtek PCIe GBE Family Controller
Physical Address. . . . . . . . . : 00-24-21-1E-AA-99
Dhcp Enabled. . . . . . . . . . . : Yes
Autoconfiguration Enabled . . . . : Yes
IP Address. . . . . . . . . . . . : 192.168.1.2
Subnet Mask . . . . . . . . . . . : 255.255.255.0
Default Gateway . . . . . . . . . : 192.168.1.1
DHCP Server . . . . . . . . . . . : 192.168.1.1
DNS Servers . . . . . . . . . . . : 192.168.1.1
Lease Obtained. . . . . . . . . . : Monday, December 19, 2011 8:03:31 AM
Lease Expires . . . . . . . . . . : Tuesday, December 20, 2011 8:03:31 A
M
Ethernet adapter Local Area Connection 3:
Media State . . . . . . . . . . . : Media disconnected
Description . . . . . . . . . . . : Bluetooth PAN Network Adapter
Physical Address. . . . . . . . . : 00-19-86-00-18-6B
Ethernet adapter Local Area Connection:
Connection-specific DNS Suffix . :
Description . . . . . . . . . . . : Microsoft TV/Video Connection
Physical Address. . . . . . . . . : 00-00-00-00-00-00
Dhcp Enabled. . . . . . . . . . . : Yes
Autoconfiguration Enabled . . . . : Yes
Autoconfiguration IP Address. . . : 0.1.0.5
Subnet Mask . . . . . . . . . . . : 255.255.255.255
Default Gateway . . . . . . . . . :
I should probably mention that my ISP automatically gets an IP address. Will the router still work? Why I asked if sharing over LAN is possible or not is that LAN card+Crossover cable is a cheaper option with the facility of file sharing between the two PCs.