IIS Loggin Component

[Stan]

I will need to implement a site wide logging component for
an Asset Tracking and Management System and I am wondering
if the MSWC.IISLog component with IIS is up to the job and
is customisable for custom use or should i invest time in
creating my own.

Logging needs include exceptions, failures, use tracking,
logging-in information, session stats etc on approx 150
pages for approx 25 users..

Running on IIS 5.0 on Windows 2000 Server..

Thanks for any help!