USB WLAN dongle Prism54 from DealExtreme (0x0cde:0x0008)

Just for fun (and for testing purposes) I got the cheapest USB WLAN dongle from Hong Kong based DealExtreme in july/august this year (2009). A mere USD 9.47 also included shipping. Unbeatable price for such an item!
The SKU 22683, also known as "Ralink 802.11b/g 54M USB Wireless Adapter - White". I should say immediately that the chipset is NOT recognized as Ralink buth rather as "p54" which indicates a Prism54 chipset. On some sites, this driver is also called p54usb.
lsusb gives 0x0cde:0x0008 as USB vendor ID and product ID respectively, a combination that the Linux kernel (2.6.28..something) recognizes as Z-Com Sitecom Wireless Network Adapter 100G+ WL-125.
A Google search on this USB ID gives Sagem SA, XG703 USB 802.11g among the search results.

dmesg output (dongle MAC masked as xx:xx:xx:xx:xx:xx and the AP MAC as yy:yy:yy:yy:yy:yy for privacy purposes)
[17740.752092] usb 1-1: new high speed USB device using ehci_hcd and address 5
[17740.890741] usb 1-1: configuration #1 chosen from 1 choice
[17741.013712] usb 1-1: firmware: requesting isl3887usb_bare
[17741.061409] p54: LM86 firmware
[17741.061425] p54: FW rev 2.5.8.0 - Softmac protocol 3.0
[17741.505377] p54: unknown eeprom code : 0x1
[17741.505389] p54: unknown eeprom code : 0x3
[17741.505398] p54: unknown eeprom code : 0x1007
[17741.505405] p54: unknown eeprom code : 0x1008
[17741.505412] p54: unknown eeprom code : 0x1100
[17741.505419] p54: unknown eeprom code : 0x1905
[17741.505446] phy1: hwaddr xx:xx:xx:xx:xx:xx, MAC:isl3887 RF:Frisbee
[17741.519899] phy1: Selected rate control algorithm 'pid'
[17741.529608] usbcore: registered new interface driver p54usb
[17745.621715] ADDRCONF(NETDEV_UP): wlan1: link is not ready
[17754.786669] wlan1: direct probe to AP yy:yy:yy:yy:yy:yy try 1
[17754.793086] wlan1 direct probe responded
[17754.793112] wlan1: authenticate with AP yy:yy:yy:yy:yy:yy
[17754.795173] wlan1: authenticated
[17754.795193] wlan1: associate with AP yy:yy:yy:yy:yy:yy
[17754.798802] wlan1: RX AssocResp from yy:yy:yy:yy:yy:yy (capab=0x431 status=0 aid=3)
[17754.798820] wlan1: associated
[17754.803447] ADDRCONF(NETDEV_CHANGE): wlan1: link becomes ready
More info to come...
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