We have tested free version of Spyware Wizard. This antispyware doesn’t use false positives and provides updates. However, we cannot recommend it.
Spyware Wizard is a clone of another similar product called AdwarePro. These programs have identical interface, use the same spyware definitions database and produce exact scan results. Even installed files do not differ. Moreover, Spyware Wizard is a variant of SpyVest, Spyware Stormer, Spyware Slayer and others.
Free version refuses to remove any critical objects it found. It asks to register and purchase full commercial version.
The official site is spywarewizard.com. Apparently it is a twin of adwarepro.com, which is related to AdwarePro. Both contain the same text (for instance, Frequently Asked Questions page) and use the same affiliate program. Compare screenshots provided below.