By default, bad events are now discarded but you can keep them for examination:
"EventFailureBackupFolder
If you don’t see this setting in the registry, it means it’s not effective or not used. However, you can define it manually by adding an EventFailureBackupFolder string value under the key HKEY_LOCAL_MACHINE\SOFTWARE\Altiris\eXpress\Notification Server. As soon as you add it, the setting will be active. If any of the NSEs fail to process (with retries), the file will be put into that folder. The appropriate subfolder will also be created, depending on the type of exception."
"Event Queues in ITMS 7.1 SP2"
http://www.symantec.com/docs/DOC5480