Kind of pointless. Even the Standard MMC has more features. Pserv allows you to delete services and save custom setups. It also does drivers and a few other things. Keep working on Vista Tweak instead.
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This is a beta version so don't be so judgemental yet. PC Tools is a pretty good firewall and one of a few that work well in Vista and do well on leak tests. Make sure you have the settings adjusted properly. Enable protection against code...
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NTREGOPT doesn't defrag files except the registry and it's main purpose is to defrag the registry hives *internally*. XP defrags the registry files automatically so they don't need to be defragged in the file system.