Bare Metal Software have recently released BareTail 2.00b which is
available for FREE download at:
http://www.baremetalsoft.com/
BareTail is a real-time file viewing utility. Like the Unix tail -f
utility it can be used to view the end of a growing file. It is ideal
for viewing logs or traces in real-time. It can be used to view huge
files (larger than 2GB) and runs with the same performance regardless
of the file size. With BareTail you can scroll to any point in a file
instantly, even if the file is enormous. BareTail supports
configurable highlighting and international character sets (Unicode
and UTF-8).