I've recently implemented an enterprise-wide solution of event collection in our organization, using Windows' built-in mechanism called the Windows Event Collector.
This mechanism allows you to collect events from computers running Windows NT5+ (XP/Server 2003 and greater) into Windows NT6+ (Vista/Server 2008 and greater) machines. The only basic rules are that the source machine should have Winrm2 installed and running on it, and the Event Collector Service should be running on the collector machine.
There are two methods available to complete this challenge - collector initiated and source initiated:

Parameter Collector Initiated Source Initiated
Socket direction (for firewall rules) Collector --> Source Collector --> Source
Initiating machine Collector Source
Authentication Type Kerberos Kerberos / Certificates
Permissions used to access event log Configurable (system/user) system
Bulk adding methods None (machines are added one by one) Active Directory Groups (and Group Policy)

Similarities

In both of the methods, some persistent open socket is created between the collector and the source machine using WinRM (so it's firewall friendly - one configurable port, standard HTTP messages), through which events are transferred (as opposed to other mechanisms, which have one machine polling another every now and then, creating a new socket during every poll).
The events are passing encrypted through the channel (standard WinRM encryption, either via the Kerberos authentication or using an SSL certificate), which makes it ideal for sensitive events (like security ones).
There can be several subscriptions to and from every server, each one with its own configuration, including method, authentication, client list and other settings (like heartbeat rate).

Collector Initiated

When defining such a subscription, you instruct the collector to open a WinRM session to the source machine(s) using a specified set of credentials (or the computer account) and ask for a subscription. The user doesn't have to be able to read all of the event logs, but can rather be delegated access to a specific log that needs reading (the NETWORK SERVICE has to be able to read that log as well, since that's the identity WinRM is operating with). Monitoring the connection programmatically from the collector is quite easy, because events related are written to the Microsoft-Windows-EventCollector/Operational log.

Pros:

  • Easy to configure and test
  • Easy to centrally programmatically monitor (only read collector's log)
  • Collector doesn't necessarily gain access to all events in source machine, only ones allowed by permissions on source

Source Initiated

Using this method requires one to dabble in Group Policy, because it works by telling the source machine(s) "You should access server X and offer it a subscription to your event logs at leisure".
The only settings configured at the source level are the collector endpoints (server name, authentication type, port etc) and the maximum amount of events per second allowed to pass through subscriptions (offering the most basic performance throttling on the source side). All other configuration is performed on the collector machine.
The Collector can be configured to allow certain sources in every subscription. Such sources can be Kerberos-Authenticated, in which case they can be filtered by Account or Active Directory group membership (like allowing Domain Computers but rejecting Domain Controllers), or Certificate-Authenticated, filtered by wildcard name-matching (e.g. including all *.domain.com and rejecting *dc*.domain.com).

Pros:

  • Can be configured on arrays of machines easily
  • Can be used to collect events from machines from outside the domain

Basic Configuration

In any case, one can use either the GUI (Event Viewer from the collector) or the CLI (WecUtil.exe on the collector) to create a subscription and fine tune it, including (but not limited to) the rate in which new events arrive, the allowed/denied computers, destination log and event query (which events will get transferred). Current information about the subscription can be viewed using both tools, whether it's the runtime status in the GUI or wecutil rs in the CLI. I will expand this post if I see fit. Event forwarding is not trivial, but it allows a sysadmin to centralize events for all kinds of reasons using tools included in the Windows OS and doing so in a standard, performance-friendly and secure way.

Have fun forwarding!