Prior to getting my ISP's service straightened out (now I'm actually getting what I pay for), I used uTorrent a lot to obtain Linux distros. You can take a slow (or problem) connection, and make it fast.
As TrainableMan precisely described, this is an excellent way to obtain software, as long as what you're obtaining is not breaking the law. One particular Linux distro (Linux XP) requires the use of a torrent, as it's distributed from Russia. There are others, but this is one example.
However, it has been reported that there are risks in using torrents, but I would assume that having a good firewall (such as the one that's included in Win 7) will help to cover you. As a good rule of thumb, use torrents only when needed, and run a full scan with the AV of your choice to make sure you're clean.
Nibs, I sure hope that you're enjoying your new home (and ISP), as lately, I've been enjoying mine as well. After the months of fighting my ISP, which is well documented on this very forum, I can now say that I'm content with my service, even though I'm tied down by a wire (the RCA DCM425 router). It's reported to be future proof for years to come.
Cat