The mail500.mailinglist.maillog file shows some sample debug output from the mail500 program (locally added print statements) that shows something of its processing logic. This can be valuable when trying to understand why something doesn't work as expected, ESPECIALLY with regards to the required mail500 source change required (see mail500 docs) to make it work within your environment (i.e., static internal definitions). In a production environment, those debug statements should be disabled.