Just so that everyone can follow Rixstep's (aka Kugo) clever marketing scheme, here are the three suggesions I mailed him after buying the software and his (Rixstep's) corresponding replies.
Judge yourself about the "garbage"...

- add a filter to hide any readonly accesses
Rixstep: Not sure what you mean here.

- add a text filter like the one in Apple's log viewer
Rixstep: Not at all familiar with this.

- as an option, don't do an exhaustive scan of the filesystem but instead 'observe' file system changes like "fseventer"
Rixstep: Yes, but then the application will _only_ work under 10.4. No matter that you can turn the option off, the executable won't link with the frameworks and methods because they don't exist.
Considering perhaps 50% of all users have not upgraded to Tiger, that's really cutting them short.