What I did was:
Plug the Ethernet into WAN, set the IP of the computer to 192.168.1.2 and the Router to 192.168.1.1, also DNS.
Did the uboot, flashed the RC4 Kernel. Changed cable from WAN to LAN, waited a bit and then entered 192.168.1.1. Went to System/Software and upgraded the Sysupgrade for the AR750S previously downloaded from OpenWrt.