Can anyone tel met how to throttle p2p as it is pulling my network down.
This is #1 question around here.
These posts will get you headed in the right direction:
http://forum.mikrotik.com/t/how-to-limit-p2p-traffice-for-all-my-users/23446/1
http://forum.mikrotik.com/t/how-to-block-encrypted-p2p/33706/1