1. A method for monitoring and reporting network application performance in a networked device, the method comprising: collecting performance data in substantially real time using at least one kernel space driver interface, the collected performance data corresponding to at least one application running on the networked device; generating a plurality of kernel level metrics and a plurality of user level metrics based on the collected performance data; aggregating the plurality of kernel level metrics and the plurality of user level metrics that were generated during a predefined time interval; and generating, responsive to aggregating the plurality of kernel level metrics and the plurality of user level metrics, an event that is operable to indicate network structure, network health, computational resource health, virtual machine structure, virtual machine health, and/or process identification, the event incorporating the aggregated metrics; wherein said collecting performance data, generating a plurality of kernel level metrics and a plurality of user level metrics, aggregating the plurality of kernel level metrics and the plurality of user level metrics, and generating an event comprise operations performed using at least one programmed computer processor circuit.