MINOTAUR Sawmill is a highly flexible if sometimes daunting application. It is miles ahead of other packages in terms of the ability to filter, format, and otherwise dig through my Web logs. Two features that I like are: the ability to filter out MY visits to my (remotely hosted) site, as well as identifiable bots; and, the ability to trace visitors paths through the site. I've gleaned valuable information (not sure it is yet profitable) about how visitors traverse my site. To the first point, I was surprised my how much of the traffic that Webalizer and Analog (provided by my Web host) report are, in fact, due to my own visits and the visits of bots.
(Version 7.1)