1. A method for configuring a monitor services cluster, said method comprising: identifying target entities within a service domain, wherein said identifying target entities includes identifying service hosts within the service domain; receiving a registration request that specifies a monitor service node having an associated monitor services container that instantiates one or more monitor services that share an execution space; in response to the registration request, comparing a performance attribute of a service host with a service requirement of the one or more monitor services; and generating a response to the registration request based, at least in part, on said comparing the performance attribute with the service requirement.