Except AP still shows on Steam and even though I have set it to NOT auto update, Steam keeps altering the setting to auto update!

My question is, will Steam still try to update even though I have the no steam exe.?
This is not as smooth as I hoped.

*edit* I guess what I was hoping for with the no Steam exe., was that Steam would then disregard AP altogether, I think I was maybe hoping for too much in that.
