EDIT: The reason Spybot no longer finds the malware is because the registry entry is gone, detection occurs in the registry, not with the actual binary IIRC.
in spybot yes. in adaware it does the registry as well as matching gilenames and process names.(more likie virus scanners) that is why spybot has that number on the bottom and is generally faster, it is just matching reg keys. and I agree...regedit seems to work well for me. although adaware and spybot are also good programs.