Pinku, its not a proxy in its classic form - its generally a Gnutella client redirecting traffic for other Gnutella clients (hence based on the Utlrapeer principles).

Therefore, if you are referring to "CONNECT" as in the HTTP CONNECT method, no it will not support that. As for all standard Gnutella v0.6 handshakes, yes it will support those.

Unforntunately, my proxy will not support a pass-thru-proxy either - meaning it would have to run on a deciated machine with unblocked access to the Internet on the common Gnutella ports.

However, I believe this is a step in the right direction to help home users with multiple PCs save some bandwidth, as well for ISPs and universities that are dealing with high bandwidth consumption from Gnutella clients.