You may already know about it, but for those that aren't aware of it, Windows' Event Tracing system can give a pretty deep view into identifying misbehaving software. It probably doesn't cover everything you wish you could track, and not quite with the level of directness you're asking for, but it's helped me track down weird slowdowns and hangs on my computer on a few different occasions.
replyThere's a third party tool for collecting and examining such traces easier called UIforETW