Correct, Jason. And it’s mentioned in the article:
"In Exchange 2003, you do NOT need to uncheck the boxes on "Traces" tab in the Regtrace GUI. This actually has been fixed in Exchange Server 2003. But all other steps MUST be followed.
In Windows Server 2003 EXSTRACE.dll was already fixed. The change was ported to PTTRACE.dll. To make this less painful to customers, in E2K3 we set the mask to zero when the OutputTraceType is zero, by making a change in GetTraceFlagsFromRegistry. Or in other words, In GetTraceFlagsFromRegistry, if the output is no tracing, we clear the bit mask. So this is fixed in Exchange 2003."
Thanks for your comments, folks, and I hope this article helps in the field.