Check this link for a great script to monitor changes made to a virtual machine via the vmware CBT API. This is perfect for finding culprit machines that are generating a lot of replication traffic if you are replicating over a WAN.
If you have some disks on a virtual machine you don’t want this script to capture then just set them as independent disks (so no snapshots can take place). This is handy if you have your windows page file on a separate disk that you don’t want to be measured as a part of the CBT changes.