property Gauge.LayerClipToParent as LayerUpdateEnum
Indicates if the LayerClipTo method clips the control itself, parent or the owner of the control.

TypeDescription
LayerUpdateEnum A LayerUpdateEnum expression that specifies the 
By default, the LayerClipToParent property is exLayerUpdateControl, which indicates that the control's itself is clipped relative to its form that hosts it. Change the LayerClipToParent property to exLayerUpdateScreen, or exLayerUpdateParent, and so the clipping region is applied to its form/dialog/parent window. The LayerClipTo property specifies the index of the layer that clips the entire control to. The LayerClipToAlpha property returns or sets a value that indicates the value of the alpha channel to be included in the LayerClipTo region.

"I would like to put the control on a form, then make the form transparent so the control appears on the desktop with just the images contained in the layers visible. For example, take a clock example and make the control background and the form transparent, and you have a working clock widget."

The control support transparent form, or in other words, displaying the control's itself without its form behind.  In order to make your eXGauge control to display a widget, ( no form behind or form transparent ), you need to use the following properties:

For instance, the following VB sample defines the control as a widget:

With Gauge1
    .LayerClipTo = 0
    .LayerClipToParent = exLayerUpdateScreen
End With

The sample defines the layer with the Index 0, as being the clipping layer. The setup installs the C:\Program Files\Exontrol\ExGauge\Sample\VB\Clock-Widget-Region that shows all these working.

The following screen shot shows the control on a transparent form:

 The following screen shot shows the control on an opaque form: