Home networking question - broadband router

I bought one of these (a D-Link DI-704) to connect two PCs to one DSL line and it works great. I know a lot about Windows & PCs but not so much about networking. Can I use this broadband router as a network hub? Meaning can I transfer files between the two PCs? Would I have to turn on file & printer sharing?

Should work just fine. This link will show you quickly how to share files between your computers.