OK, this was not intuitive at all. I can quickly find page like this: http://technet.microsoft.com/en-us/library/cc754631(v=ws.10).aspx
And there is nothing linked to it that would give me an idea why I can’t find Logging feature in the place I’m supposed to activate it.
However, “feature” was the keyword. Great puzzle, Microsoft!
You need to go to “Turn Windows features on or off”, then navigate to Internet “Information Services/World Wide Web Services/Health and Diagnostics” and finally you can turn any logging you wish.
No, that’s not all. A good old computer restart had to be done as well.