>>I think it checks for updates but no updates exist at this time. AFAIK, There's no option to turn it off. However, if it fails to connect ones it wouldn't bother you anymore.
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>Good enough. While I've got you, what is a good guess for a minimal runtime install size? I ran a test this AM on a one liner and it appeared to be around 7.5 MB. How do I know I got everything installed that is needed?

It hard to tell based on install size. The minimal install requires two merge modules Vfp7Runtime.msm and MSVCR70.msm. See Setup Wizard - poof! it's gone! Message #623819 for some usefull links.