I have to agree with you Steve. As a technician I've recommended Spybot S&D for years and considered it mandatory for any new machine.
However after recently setting up a home micro-server and going through the motions, I've actually removed it. It's really sad to see a company which once provided a top class product go the same direction as Realplayer.

The application is now nothing but a shell of its former self.

Disappointed long term user.