Thanks for the info. What I want to do is a failover setup rather than loadbalancing. I would think that instead of adding a route like
add dst-address=0.0.0.0/0 gateway=10.111.0.1,10.112.0.1 check-gateway=ping
I would do something like
add dst-address=0.0.0.0/0 gateway=10.111.0.1 check-gateway=ping distance=1
add dst-address=0.0.0.0/0 gateway=10.112.0.1 check-gateway=ping distance=2
where 10.111.0.1 is the ISP gateway I want to use by default? Would everything else described at http://wiki.mikrotik.com/wiki/Load_Balancing_Persistent
stay the same?