Should I Use PeerBlock?

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The Security Guy

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I downloaded PeerBlock just yesterday and I am wondering do I need it at all. I signed up for two of the four or five lists that PeerBlock offered. Will this slow down my internet or download and upload speed? I also read here and there that PeerBlock is not something you must have and that there is not much of using it. Is this true? Should I use PeerBlock? Does it give me another layer of protection?
 
I downloaded PeerBlock just yesterday and I am wondering do I need it at all. I signed up for two of the four or five lists that PeerBlock offered. Will this slow down my internet or download and upload speed? I also read here and there that PeerBlock is not something you must have and that there is not much of using it. Is this true? Should I use PeerBlock? Does it give me another layer of protection?

PeerBlock is abandonware.
 
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