Wireless bridge with existing network

My existing network consists of the RB951G-2HnD that is setup as standard router (wired/wireless/port forwards/etc.). DHCP is handled by the Server1 (192.168.50.0/24).

I want to create a transparent bridge with the RB951-2N, but am a bit lost with all possible bridges and options (and am not sure at the moment if this van be setup).

My questions:

Can this be done?
Should I use WDS bridge?

WDS Bridge is what you want

I tried the WDS Bridge Tutorial but have the feeling that the server (AP) side cannot be configured for both wireless clients and a wds bridge station. Can someone confirm?