Regardless of how your log file is captured, you have a number of different options for regulating the amount of information actually captured:
(For more information, see the SAT User's Guide.)
The IDE lets you access the first three of the above filters. You can enable tracing (currently done by activating the Log Configuration dialog), and then select what kind of data is logged for various events in the system.
The events in the system are organized into different classes (kernel calls, communication, thread states, interrupts, etc.). You can toggle each of these classes in order to indicate whether or not you want to generate such events for logging.
Choosing Event Specific lets you select Disable, Fast, or Wide for each event in that class.
Depending on the purpose of the trace, you'll want to selectively enable different tracing modes for different types of events so as to minimize the impact on the overall system. For its part in the analysis of these events, the IDE does its best to work with whatever data is present. (But note that some functionality may not be available for post-capture analysis if it isn't present in the raw event log.