Looks valid to me. He's probably using WEP with Open Authentication.
Here's an example of how to connect to it if DHCP is not working quite right.
Code:
ifconfig (wireless interface) up
iwconfig (wireless interface) essid (network name) key 03:64:10:86:01
ifconfig (wireless interface) (unused IP address)
route add default gw (router IP) (wireless interface)
echo nameserver (router IP) > /etc/resolv.conf
If you can't ping Google after that, try doing command #2 twice in a row before moving on to set your IP. My card does that sometimes /shrug. Also keep in mind that you need to know the router's IP.
Common IP's include:
192.168.0.1
192.168.1.1
192.168.1.254
192.168.2.1
Hope that helps