Help with PS3 error: "Attempt to obtain IP address timed out"

I hope I am asking this question correctly and in the proper place. If not, my apologies.

Here goes:

I have a wireless connection via 2Wire 2700HG and a Dell Inspiron 531 PC.

When I mess with my network settings on my PS3, it scans and finds my wireless router, but I keep getting this message that says ?Attempt to obtain IP address timed out.? Anyone know what I am doing wrong?

Thanks very much in advance. -Veronica

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