Create a XML configuration file with a real time watching

Hi all,

I'm currently developing an ASP.NET 1.1 C# Webapp.

I have some objects which contains the differents parameters of my web
app.
These objects are instanciated in my code, in a static way...

I would like to create an XML file which will store the different
parameters of my webapp.

The solution, which I would like to implement, is the following :
1/ Create an XML configuration file (not using the web.config),
2/ Load the different parameters from this file in my parameters
objects
3/ Find a way to put a watch dog on the XML configuration file.
Basically, in case if the XML configuration file is modified, I would
like that my parameters objects are updated automatically in real time.

Thanks in advance
aure_bobo