I was downloading a 200MB file yesterday with FlashGet in the statistics it showed that it was using the HTTP1.1 protocol.
I was under the impression that HTTP is a request-response protocol and most generally used for web pages weighing a few KiB...I don't quite understand how it can download MB's or GB's of data and that too simultaneously through 5(or more) different streams.
HTTP/1.1 has a "Range" header that can specify what part of a file to transfer over the connection. The download manager can make multiple connections, specifying different ranges to transfer. It would then combine the chunks together to build the full file.