ACT works like those profile systems you get with some gaming mice. The ones that make settings changes when certain programs (games) are running; like changing the mouse DPI. The difference is that ACT makes changes to windows settings.
Download and install it and you will see a big list of programs and fixes. If you are trying to play a game you may find it already in the list. If you are troubleshooting something else you may have to make your own entry for your executable.
This is not designed to be used by end users; it is for developers and testers. I would not install this on a normal computer. The documentation is almost non-existant, although the dev community looks thriving, and I suspect you could break things with this.
Have you tried the
EmulationOnly registry settings?
DirectDraw and Direct3D Settings at Registry Guide for Windows