Temporary Internet Files

I hope this isn't a dumb question ... with my old Win ME system, if I wanted to save an audio or video file I played from the internet, I would just go to C:\Windows\Temporary Internet Files and there it would be.  I would then just copy and paste the file.  Now with XP I've located the Temporary Internet Files folder at C:\Documents and Settings\Administrator\Local Settings ... but there never seems to be anything in that folder.

I know there are other ways of saving audio files from the net ... for example, by using the "Save Target As" option after right clicking on something.  My question is more out of curiosity than necessity. 

Am I missing something?  With ME, the Temporary Internet Files folder used to be packed with stuff but with XP I can no longer find those same files that I used to save.

Thanks ... hope it's not a dumb question.