Yes, your free OA does have HIPS. It works fine for me. The paid version provides more features which are described at: http://www.tallemu.com/comparisons.html. The whole prouduct including the HIPS is discussed extensivly at : https://www.wilderssecurity.com/showthread.php?t=189414 As to how good you should consult the independant assessment sites which are also covered widely in this forum. Hope this helps you.