Hi 

I've recently noticed my modem connection becoming rather slow at
certain times. I looked in the task manager and noticed a program
called P2P networking. I turned it off thinking it was sapping
bandwidth but it just reappears! What is it? What would happen if I
deleted the actual program? Is it eating all my bandwidth?

Many thanks,

Yellowsub

Hi yellowsub!!

P2P Networking.exe is an adware that kazaa and may be others p2p
software install in your PC. P2P Networking installs in
"%SystemDir%\P2P Networking\".
Note: %SystemDir% is a variable. By default, this is C:\Windows\System
(Windows 95/98/Me), C:\WINNT\System32 (Windows NT/2000), or
C:\Windows\System32 (Windows XP).

Follow the instructions on this page to remove it:

"P2P Networking" at PstPatrol site:
http://www.pestpatrol.com/pestinfo%5Cp%5Cp2p_networking.asp


See also the following pages for references:
"P2P Networking - Removal instructions"
http://www.kephyr.com/spywarescanner/library/p2pnetworking/index.phtml

"Can you tell me what P2P networking.exe and loadqm.exe are and why
they keep trying to access the internet?" (just scroll down the page
and see the thread)
http://www.experts-exchange.com/Operating_Systems/Win98/Q_20863572.html


I suggest you to install and run Spybot - Search & Destroy:
http://www.safer-networking.org/index.php?page=spybotsd

"Download Spybot-S&D":
http://www.safer-networking.org/index.php?page=mirrors


I hope this helps you, if you need further assistance on this please
use the clarification feature before rate this answer, I will be glad
to respond your requests.

Best regards.
livioflores-ga

Download and install Ad-aware from Lavasoft
http://www.lavasoftusa.com/

It will remove all spy/ad programs from your PC and its free.
Do it as soon as possible. This spy can be threat to your private information.

Piyush..