>When you drop your class on the form you are in effect creating a subclass and you can override PEMs. Any code you add to this instance ...

Notice how you used both "subclass" and "instance" to refer to it. It can't be both, but yet it is.

> Any code you add to this instance can access the protected property.

No it can't! Thats my point. Add code to the click method of the object on the form and you will see that it won't work.

Try
WAIT WINDOW This.myproperty


-Dave