I've been using Win 2000 so long I forget what Netwatch did.
However, there is MS's resource kits that I think may have the same kind of features. Hope it helps.

http://www.microsoft.com/windows2000/techinfo/reskit/en-us/default.asp


>Hi All,
>
>In Win9x, I used netwatch.exe quite frequently for administering PCs on the network. My OS now is win2k pro and have found out that netwatch.exe isn't there. What would be the equivalent of netwatch.exe in Win2k pro? I used to just choose from the Administer menu which server on the network I want to connect to and administer PCs in Win9x OS. Thanks.