I blogged a few months ago about RescueTime, "a free time management solution which allows productivity geeks to understand exactly how they spend their computer time." Like SlifeShare and Wakoopa, it records your system events and displays them in ways that you can analyze and share. It also allows you to free tag your apps, so you can group them by function (e.g., entertainment, office work). That's less useful these days, since I do most things in the browser window now, but still interesting. RescueTime and other web apps in this class have real potential for sharing team member status in distributed collaborative groups.
UPDATE: RescueTime does log domains as applications -- see comments.