If someone else hadn't mentioned it, I would Have.
ToolsDaemon - it is really fast, configurable and not memory intensive. It Rocks.
Make sure you get the latest version - earlier versions had to be patched on OS3.9, as it was an Arexx script (IIRC). The latest version isn't patched and works brilliantly.
I've tried other but they cause problems on my system, including memory loss!!!!!!