WNDR3700 as Access Point? Still have guest support?

[trainee]

I am interested in the netgear WNDR3700 usage as an access point (I do not own one). Is it possible to use it in AP mode while still having both private and guest networks (w/ different SSID's and permissions?). I guess in a perfect world I would want the guest to be routed and the private to be an access point but this is probably asking too much. If anyone knows, or has an alternate suggestion I would appreciate it. Thanks.