It depends on your router model.
Some routers have UHCI others OHCI based USB Controllers.
Removing USB2 is done by:
ipkg remove kmod-usb2
Installing USB 1.1 is one of theese lines depending on which chipset you have:
ipkg install kmod-usb-uhci
ipkg install kmod-usb-uhci-iv
ipkg install kmod-usb-ohci
The different package-descriptions is here:
kmod-usb-ohci - 2.4.30-brcm-5 - Kernel driver for OHCI USB controllers
kmod-usb-uhci - 2.4.30-brcm-5 - Kernel driver for UHCI USB controllers
kmod-usb-uhci-iv - 2.4.30-brcm-5 - Kernel driver for Intel/VIA UHCI USB controllers