Well, I agree with your thinking you don't need it... I mean only 1 or so laptops (thinking for the future) but remember that your laptop will want to hit the internet sites so DNS issues come up. DHCP will handle the DNS issues and doesnt take up much resource. If you have dedicated ISP DNS & router (gateway) servers try adding them to the laptop but your ISP probably gives you a NAT DHCP connection so just routing to the laptop with a fixed address isnt going to work - or work for long. Also your home router is likely using DHCP/ NAT.
Setting up DHCP isn't too hard for most distributions you usually just have to turn it on and tell it about the network.
http://cc.uoregon.edu/cnews/fall1999/moredsl.html (about dsl w/ nat - basic)
These links should be the most helpful:
http://martybugs.net/wireless/router.cgi
http://martybugs.net/wireless/router.cgi
traceroute and netstat commands can also help resolve the routing issues and make things clearer.