Is CGWatcher 32b only? I can't save any configuration profile with 64b version of BFG, but it works with 32b CGMiner. Always get Net Framework "alarms" that 32b process can't write 64b one. Tested on various machines with totally different setups but same Win7 64b OS.

http://s11.postimg.org/ev56r6fs3/CGWatcher_Monitoring_2013_06_10_22_38_09.png