192.168.1.2 belongs to the IP address of the Class C network address, is reservations IP, devoted to the router settings.
192.168.1.2 can be a Gateway or an IP address. 192.168.1.2 is typically set as default IP address by the manufacturer for some Philips, Senao and a few other routers.
The IP address 192.168.l.l can be used to improve the security of your home network because it gives you access to your router settings via a web-based utility.
192.168.1.2 is a private IP address is that they can not make your computer recognizable outside your home or office network (or on the Internet). But you can use the router's public IP address to connect to a router from outside the home network.
If taken to consideration all the threats coming from the Internet, Using 192.168.1.2 to Connect to a Router is same as 192.168.1.1. 192.168.1.2 turned out that the private IP addresses are pretty useful stuff in this point.