The program was created to identify the URLs of audio/video streams. "Many links to streaming audio and video that you come across on the web are hidden behind JavaScript or ActiveX scripts. Because of this, it is sometimes very difficult to figure out the actual URLs that correspond to the streams being played."
But the software is also useful if you want to see the files downloaded by a program you've just installed. Or if you're wondering why Google Desktop needs an Internet connection. You can see in the screenshot above that Google Desktop connects to google.com to read a list of localized domains, the files for the Safe Browsing feature and to download information necessary for the gadgets (weather, news, etc.).
