Yes, WallWatcher definitely has the ability to record and analyze in/out traffic. It's color coded depending on the direction and can generate some very nice reports.
The router logs report system activity, attacks and notices by default. This log can also report debug information and dropped packets. These are reported at: /st_log.asp This is the information WallWatcher is logging and it's useless to me. The router traffic is reported at /internet_sessions.asp and includes all active sessions. That's the information I want WallWatcher to capture and analyze.
The router is currently configured to enable logging to a syslog server. I also configured the router access policy to log web access to other machines. I feel like I'm close to getting this working. I just need to switch the type of log, Wallwatcher is picking up. Wallwatcher is configured to monitor port 514. Is that right?