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Think it's a tool that can in theory tell you wether the people on your MSN contact list are really offline or just blocking you from seeing their status. Last time I saw it though it was suffering severe server issues.
In Windows XP you can right click your task bar to get to task manager (it's in the list that pops up) or you can ctrl+alt+del to bring it up.
As to related programs you can always google the tasks you don't recognise.
I dont really look at the ASK.. THE ONES I DONT RECONZIZE WONT DELETE
One of the simplest ways to remove it apparently is to do a 'system restore' to the previous setup (assuming nothing has been installed since) and it should be gone.