get it from here :
http://www.secretashell.com/codomain/peid/...94-20060510.zipyou should delete the copy you have, as AVG will hide it from windows API now anyway.
Some times anti-virus will pick up on application like this, its normally nothing and is jsut annoying, but i just scanned my PEiD and it's not getting picked up by AVG, so i guess you might be using an infected version.
another tool i use to detect packers gets picked up by AVG as it used a stealth way to load the exe to get around some of the packers out there.
Regards
cyph