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moose: Exactly how are you trying to get it on the Internet? If you are simply moving the Ethernet cable from the modem from one computer to the other, you have a MAC issue, try powering the modem down for 15 minutes to reset the MAC.
If you are not going to use a router, you can connect both using ICS. You can leave it connected the way it is now, install a second NIC, and use a crossover cable - or you can install the USB drivers for the modem, switch it to USB, and use a crossover from the existing NIC. It must be a crossover cable, a straight patch cable will not work.
For 12 bucks shipped, that SMC router is a no brainer, it's a quality router. I'd avoid Network Anywhere, that's a stripped down Linksys and isn't very reliable.
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