Just downloaded the free version of ipmonitor and am impressed with the initial setup, am I correct that is cannot monitor a website?

I am mainly needing to monitor my ISP connection so figured I would just have it connect to one of my existing websites out on the internet and maybe ping or something similar that is always out there so I can verify my internet connectivity.   And hopefully get reports and graphs of this.  Speed tests would be great too.   

Searching around this forum, I am thinking something else might be needed as I see someone is doing it, and they cant figure out the URI part.  I don't need a uri, just the main site would be great.   

BTW, on another subject  Freshping gives you monitoring of 50 websites for free.  But of course thats not what I need for this implementation.  -Bill