Customized reports don't seem to work?

I am trying out the EventLog Analyzer 4 product (v4.0.1, build 4010)

The canned compliance reports all work fine, but I am trying to create a custom report filtered by event ID; i.e., a "Custom Report with Event Filters."

No matter what event filters I pick or even if I pick specific event IDs, it always gives me everything; e.g., successful AND unsuccessful logins, etc. I am trying to filter the "noise" from event logs to streamline for log review for SOX compliance sake and am having a tough time finding it in this software.

The same result could be affected by going to 5 or 6 different compliance reports, but I am trying to simplify things for the person who will have to review this data and not get assaulted by a massive report or have to click through a bunch of pages to get the same result that I would think could be made available by one simple custom report.

Let me know what I'm doing wrong.