A second feature which separates the Microsoft Antispyware beta from its 
competitors is the 'system explorers' section which allows the user to detailed 
lists of running processes, startup programs, active X objects, Internet 
Explorer BHOs (Browser Helper Objects), installed toolbars, the contents of the 
HOST file and Winsock LSPs (Layered Service Providers) among others.  

Each item in these lists is assigned a rating (safe, unknown or hazardous) 
and can be blocked or stopped individually, and often removed if desired.  
System Explorers is found on the 'advanced tools' screen.
Browser Hijack Restore  
Using this feature, the Microsoft antispyware beta can 
automatically reset a number of browser settings. This is useful if you have 
fallen victim to a browser hijacking application.  The 
real-time security agents we talked about previously should prevent browser 
settings being changed again once you reset them with this tool.

Tracks eraser is an interesting application for 
Microsoft to include in its product! The Tracks Eraser application removes 
traces and histories from a large variety of Windows system applications and 
third-party apps. Internet history and cookies can be erased, as can recent 
document history, recycling bin contents, etc. etc. Useful for those who share a 
computer or for the privacy obsessed, but we're surprised since Microsoft has 
never been privacy obsessed.