I think securing your network is important if you plan on exchanging secured information... eg: Bank accounts, email password, forum passwords, etc etc.
I personally use WPA-PSK [TKIP] + WPA2-PSK [AES], and also MAC Address filtering...
It works well, and is compatible with everything in my network. (Before, I used to use WEP, and a friend informed me it can be hacked with free tools in about 5 minutes)
Now, I am a heavy network user, and that increases my chances of partial packet scanning network exposure, however, that's why I always have the MAC filter enabled.. just as a backup. (Though, it is possible to spoof your MAC address, my router is somehow picky whenever something changes. eg: Whenever I reinstall the OS on any computer on my network, I have to delete the filter value and put it in again)
I have personal data on my computer, specifically email(s).
I have a descent firewall, etc