OK, so I scanned the forums here and was able to get most of the following done:
I need to monitor the event logs on a particular server, and when a specific event goes into the log, I need to generate an alert and send an email.
I found the "Errors in Application Event Log" template in the Application Monitor templates and told it I wanted to monitor a particular event and when it found one go into a critical status. Then I went to the Alert Monitor and set up an alert so that when this specific server had statistic data (component alerting) greater than 0 and the component type (component alerting) = 42 (which from my reading means windows event log monitor), that it would create the trigger condition. Then the trigger action was to dump an alert in the NPM event log and send an email that the event was in the event logs on the server (I haven't even figured out how to put a copy of the event entry into the email). The alerts go out to the log just fine, and when I simulate the email alert it looks pretty innocuous and even the test execution works, but the actual email alert itself never goes out. I have even stayed with the default variables for the most part, but did add the variable below to the body of the message. Still no email alert. Any ideas of what I am doing wrong? Thanks for any assistance. 
${N=SwisEntity;M=ComponentAlert.WindowsEventMessages}