MonitoredSpecificDirectories - This setting allows for specific directories to be monitored - for examples if you have URLScan installed. You could monitor the C:\Windows\System32\inetsrv\urlscan directory and no other directories in c:\windows\system32\inetsrv directory. This will also configure each W3SVCSSiteID
Using Easy Config make is simple to *just configure* all websites directories, this would include (FTP,NNTP, SMTP, WWW)