This is an alternative to the AR System Log Display application provided by BMC. The contents of the log file generated by the User Tool are displayed in different tabs (API,SQL,etc), which are linked (double-cliking on an entry in one of the logs goes to the corresponding line in the full log, and vice versa).
There is no follow mode, but it's possible to add incrementally the new entries in the log file (discarding the entries already is useful to debug workflow interactively). Searching is not implemented for the time being. Please let me know if you encounter other problems.
In case msvcr80.dll is missing in your system, you can get it from microsoft.com.