Spybot does indeed appear in the program list in the conrol panel.
A few days ago a balloon began appearing in the bottom right hand corner. It says,"Your computer is infected! It is recomended to use special spyware tools to pervent data loss. Windows will now install the most up-to-date antispyware for you. Click here to protect your computer from spyware." Note the mis-spelling of "recommend" and "prevent". Though I have little faith in Microsoft, I doubt they would let such an obvious mistake out the door. Of course, I have not clicked on this balloon.