I found the answer after digging and thought I'd store it here.
C:\Program Files\Common Files\Microsoft Shared\web server extensions\12\LOGS
Where is the default log location for SharePoint/MOSS
mosssharepoint
mosssharepoint
I found the answer after digging and thought I'd store it here.
C:\Program Files\Common Files\Microsoft Shared\web server extensions\12\LOGS
Best Answer
SharePoint uses a lot of different logging mechanisms. Most importantly you can configure the location of the logs through Central Admin. To give you an understanding of the logs involved, here is a quote from http://raiumair.wordpress.com/2007/06/19/quick-a-to-z-of-sharepoint-logs/