What does the 2nd statement means?
ip route 0.0.0.0 0.0.0.0 192.168.229.1
route inside 10.242.26.0 255.255.255.0 192.168.116.1 1
I know the first one tell the router to send all traffic destined to the internet to send it via 192.168.229.1, but the 2nd I have no clue
If the PIX isn't configured with a split tunneling policy all traffic from the remote client would be sent through the tunnel to the PIX, that would include traffic to the 10.242.26.0/24 network. Instead, if split tunneling is configured the split tunneling policy needs to be modified on the PIX to tell the VPN client to send traffic to network 10.242.26.0/24 via the IPSEC tunnel.