There are two wires that a surge can come down - the phone wire, and the electric power wire. Both can disrupt communications.
The Belkin power strip will stop small power "spikes" coming down the power wire, but it will not protect you from power cuts, no matter how brief they are. The small sockets on the power strip are for connecting your phone line through - there should be at least one connecting cable supplied with it to enable you to connect your ADSL modem to the BT wall outlet, passing through the power strip.
Now the next bit is
very important - make sure that any surge arrestor you buy which connects to the phone line is suitable for use with ADSL. Many are not, and they may actually stop the ADSL signal getting through.
If you want to be secure against brief power cuts, then you will need a power strip with built-in battery backup, like the one below, but it will cost rather more.....
http://catalog.belkin.com/IWCatProductPage.process?Product_Id=201041
You can connect your PC to this too, and it will protect your PC from short power cuts.
Edited by deleted (Wed 24-Jan-07 10:58:25)