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Does lookout drain lots of battery? Using it now. Seems like its always on in the background

It is always on (Im sure you can disable it to run in the background but if you are going to do that why have it installed?!) as it scans apps after you download them to make sure they are safe and it doesnt seem to hog much battery life afaik. I like Lookout as I always feel like I have some sort of protection running.
z.
I have some 80+ pages bookmark about android apps from lifehacker, so just installed it. It replaces both the avg av and the phone locator