<healthMonitoring enabled="true">

      <eventMappings>

        <clear />

        <!– Log ALL error events –>

        <add name="All Errors" type="System.Web.Management.WebBaseErrorEvent" startEventCode="0" endEventCode="2147483647" />

        <!– Log application startup/shutdown events –>

        <add name="Application Lifetime Events" type="System.Web.Management.WebApplicationLifetimeEvent" startEventCode="0" endEventCode="2147483647"/>

      </eventMappings>

      <rules>

        <clear />

        <add name="Application Events" eventName="Application Lifetime Events" provider="EventLogProvider" profile="Default" minInstances="1" maxLimit="Infinite" minInterval="00:01:00" custom="" />

        <add name="All Errors Default" eventName="All Errors" provider="EventLogProvider" profile="Default" minInstances="1" maxLimit="Infinite" minInterval="00:00:00" />

      </rules>

    </healthMonitoring>

1. The SMTP install is under features and not under roles.
2. When you do install SMTP, where do you manage it, you wonder. Thanks to google and this link, I now know that you have to use the IIS6 manager. What??!!