This setup lets you hide your private ip from the public network. This means that in your private network you can have whatever private ip you want which is translated to the public network ip given to you by your network provider.
Suppose you are 192.168.1.2/24 (Private)
Your RouterBoard's Ethernet card is 192.168.1.1/24 (Private)
Your RouterBoard's Wireless card is 10.140.1.30/26 (Public)
The Access Point You connect to is 10.140.1.1/26 (Public)

Enabling full-NAT is like the DMZ feature on the dsl-routers.
It is also an alternative to having a bridge wireless device (no special routes required). The routerboard cannot be accessed from the public network (with this exact configuration) as everything is forwarded to the pc in the private netwrok.
The following instructions are for a private network with 1 pc only. Further instructions for multiple pirvate network pcs will come soon.
Here is how you do it.
Specify the ip addresses:


Fix the static routes so you can access the network:


Start building the NAT:


DST-NAT:


SRC-NAT:


NAT COMPLETED:

Reference: http://www.mikrotik.com/testdocs/ros/2. ... /howto.pdf