wildbill442, Yeah, it creates simple queues for it.
We're currently running an RB532 box at a tower site that's doing exactly this. We took it a step further by setting ARP on the wireless interface to reply-only, and then in the DHCP server, checked off Add ARP entry. (Then for customer CPE's, we have those sitting on private static IPs with static ARP entries for them in the RB532.)
This does several things for us. First, it gives us an on/off switch for customers. Secondly, it makes the network a little more secure by only allowing certain MACs; makes it more difficult for a non-customer to put up an antenna and get free internet access (should they know where to point it and what our IP addresses are). Third, it allows us to do bandwidth throttling by MAC, and give customers a public dynamic IP.