I was setting up a bunch of monitoring at work as we hadn't have that much implemented. I ran into this application in a random fashion. Sys Junction is an application that graphs out syslog data from Cisco PIX firewalls.

I stumbled upon a little application called "evtsys" that was created by some Computer Engineering folks at Purdue University. The program runs on Microsft Windows 2000/2003/Vista 32-bit or 64-bit version and sends eventlog messages to a networked syslog server. You can then have syslog either print out the alert or write to a file.