It's the tool name lol, because it finds all the swkotor install paths.
This tool scan the windows registry and IF installed, the steam config, to find out wich version the user have installed and where.
It also allows you to do some things as described in the readme
ex. exporting the games paths to a INI file compliant whit KSE336 and the new KSE337 in development right now -> http://deadlystream.com/forum/topic/3635-kse-testers-needed/
To be precise, KSE v. 337 will use this tool on first launch, if the INI is already there the it reads directly from the INI to create the ini and then read the paths from there since it had no real support for steam yet, so you will find it bundled in the future KSE releases