Mark,
Sorry, but my experience with Winsock is limited to that time I tried to help Jay only
[Update]
Ah, but I just noticed that among the events being exposed by the interface there are an error an a close events that you might want to explore
"The five senses obstruct or deform the apprehension of reality."
Jorge L. Borges?
"Premature optimization is the root of all evil in programming."
Donald Knuth, repeating C. A. R. Hoare
"To die for a religion is easier than to live it absolutely"
Jorge L. Borges