Hi Piratesmate,
I like your reasoning for installing 007

.
In regards to your problem: Yes that error message is related to 007...there are couple things you could do. 1
1- Try to install it again and see what happens.
2- There is a setting in all anti viruses where you could specify to bypass certain files or folders, give that a try.
Ask for free software

, I don't know of any myself...and I don't think you find a decent key logger for free......everyone wants to make a buck, if you know what I mean.
Cheers