C:\Program Files (x86)\TechnoResearch\Centurion>C:\Source\drltrace_win_x32\bin\drltrace.exe -logdir c:\source -- centurion.exe
ERROR: failed to create process for "C:\Program Files (x86)\xxxxxxxxx\Centurion\centurion.exe". If you wish I can provide the PE file in question. I haen't tried any of the configuration options.