Isoboxer can help with this (or it did at least for diablo 3). Unfortunately I don't know if it works with Arelog but hopefully someone else can serve up an answer for that (I'd like to know as well).
If you go to this thread http://www.thebuddyforum.com/honorbuddy-forum/96518-honorbuddy-isboxer-updated-information-compatibility-issues-2.html it states that HB and Isoboxer once worked together but apparently they do not work together currently. Its unfortunate because it certainly helps system resource management. I did this with Diablo 3 (without Arelog) and it certainly made things easier. I'm assuming it doesn't work for the same reason HB and Fraps/DXtory (at least for me) don't play nicely together.
ISBoxer uses the same "hooks" as HB does so it's not compatible with arelog at all.
Might be better off looking at a hack to only have clients show wireframe gfx to lower your overhead.
However for that you'd better off pointing your mouse at ownedcore.
None as far as I know, like I said its down to ISBoxer not being compatible with HB at this time.
So if you want a relogger for HB that's cool, but a relogger for ISBoxer you'd have to ask on their forums.
One for both does not exist afaik.