For 9x users:
If you experiencing an "Access Violation"/"Runtime error"/BSOD
or other kinds of crashes when SSM starts, or when you want to run another application or acceess some menus, please report this to author.
You may also install previous version of the following

component: http://mc.webm.ru/mchook9x.dll,
or delete mchook9x.dll at all (in those cases, functionality of Application watching will be seriously limited).