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RACF Event Collector 3.8.1

Created: 11 Jan 2013

We are interested in using the RACF SMF Event Collector 3.8.1.  The instructions in the documentation seem strait forward, but I wanted some clarification.
This is not an entire SMF record dump, but rather a simple output file from an extraction job using the IFASMFDP program.  Is this correct?

Also, can anyone speak to how much of a resource load this will put on our mainframe.  When we run the IFASMFDP program on the SMF record, how large is the file?  I know this will depend on how many records we have, but does anyone have any experience with this? 

Any help would be appreciated.