What -EXACTLY- does dsetup.dll do?

[Jonp1999]

Before you dismiss this as yet another paranoid thread, let me get a few things out of the way:

• I've been searching for the past hour to try to figure out exactly what dsetup.dll does, but I keep coming across jokes, paranoia, and very little useful information. The best info I've found was the sticky here, but that doesn't explain much.
• Security through obscurity is not a valid method of security. 15 years as a (mostly) web developer has taught me that (Painfully, I might add)
• Anti-hacking and cheating methods are incredibly useful, and sometimes required - I completely understand and agree with that.
• I mean absolutely no disrespect to anyone working on Project 1999.

With that aside - I have to know. What does dsetup.dll do exactly? Does it only monitor the EQ process for any changes, or does it look at other processes that are running? The former is A-OK, the latter is rife for abuse.

What methods does it use to accomplish the monitoring (Assuming it does)? Does it use any sort of pre-existing software, or was it written by a developer here?

Again, I have to stress - security through obscurity does not work - if someone really wanted to, they could figure out how this works. I just would like to hear it from the developers themselves what it does.

This isn't a threat or anything stupid like that either, I'm just cautious of any anti-hacking software as, while the original intentions may have been good, they have been exploited in the past. If dsetup.dll is only capable of looking at the EQ process, then that shouldn't be an issue. If it's looking at other processes - then it's a possible problem and I'd like to know so I can uninstall P1999.

And one last time, I really have to stress - I'm not tin foil hatting, I'm not looking for jokes, I'm not insulting anyone, I'm not saying this isn't needed or anything like that - I just want to know so I can make an informed decision.