Knowing where all your stuff is means u've got it sorted, and u can check each file with an anti virus before u open it.
If something goes wrong or u think a downloaded program might be messing with your machine, knowing where the original is saved will help u to uninstall.
P2P Weirdoes
There's no central server on P2P (like when you pass through a website), so that means no logs.
Watch out for people online who direct you to their P2P filename.
The weirdo will trust that u won't report him because it's too embarrassing.
Stitch the sucker, and report him