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SLK requires SharePoint 2007 – most companies will need to upgrade in order to install it. Cha-ching!
The page describing its features is not aligned with the actual product capabilities. Refer to the following:
http://www.microsoft.com/education/slk.mspx
http://www.codeplex.com/Wiki/View.aspx?ProjectName=SLK
http://www.codeplex.com/Project/ListThreads.aspx?ProjectName=SLK&ForumId=189
