Are Consumer Firewall/NAT Boxes Really Secure?

blate asks: "Consumer-grade Firewall/NAT devices, such as those from Linksys, Netgear, D-Link, etc., have become very popular as more and more users get broadband connections. I've been using a Linksys router at home for several years and have never had any security problems. But how secure are these devices, really? The firewall guru's I know argue that a NAT really doesn't give you much beyond security-by-obscurity. What are your experiences with this (have you ever been comprimized through such a device)? Would I be better off with a Linux/ipchains firewall?"