I have successfully flashed the router and make telnet works by following http://wiki.openwrt.org/toh/tp-link/tl-wr703n. But somehow the telnet doesn't work anymore after I tried to change the IP address. Tried to restore factory img with OPKG by following one thread in this forum but failed. Then I used local tftp and finally make it work through the console.
1) install tftp server for windows
http://www.tech-recipes.com/rx/638/xp2k … tp-server/
2) Set your windows computer ipaddr to 192.168.1.100
copy factory img 2011930104462.rar to tftp server fold under this computer
Note: can not find it from tp-link website but got one from here: http://villagetelco.org/download/firmwa … /Standard/
3) Setup serial console 115200 8n1
Enter "tpl" as soon as U-Boot announces "Autobooting in 1 seconds"
Run blow command under U-Boot:
tftpboot 0x81000000 wr703nv1_cn_3_12_11_up(110926).bin
erase 0x9f020000 +0x3c0000
cp.b 0x81000000 0x9f020000 0x3c0000
bootm 9f020000