We study a dynamically asymmetric binary glass former with the low-Tg component m-tri-cresyl phosphate (m-TCP: Tg = 206 K) and a spirobichroman derivative as a non-polymeric high-Tg component (Tg = 382 K) by means of (1)H nuclear magnetic resonance (NMR), (31)P NMR, and dielectric spectroscopy which allow component-selectively probing the dynamics. The entire concentration range is covered, and two main relaxation processes with two Tg are identified, Tg 1 and Tg 2. The slower one is attributed to the high-Tg component (α1-process), and the faster one is related to the m-TCP molecules (α2-process). Yet, there are indications that a small fraction of m-TCP is associated also with the α1-process. While the α1-relaxation only weakly broadens upon adding m-TCP, the α2-relaxation becomes extremely stretched leading to quasi-logarithmic correlation functions at low m-TCP concentrations-as probed by (31)P NMR stimulated echo experiments. Frequency-temperature superposition does not apply for the α2-process and it reflects an isotropic, liquid-like motion which is observed even below Tg 1, i.e., in the matrix of the arrested high-Tg molecules. As proven by 2D (31)P NMR, the corresponding dynamic heterogeneities are of transient nature, i.e., exchange occurs within the distribution G(lnτα 2). At Tg 1 a crossover is found for the temperature dependence of (mean) τα 2(T) from non-Arrhenius above to Arrhenius below Tg 1 which is attributed to intrinsic confinement effects. This "fragile-to-strong" transition also leads to a re-decrease of Tg 2(cm - TCP) at low concentration cm - TCP, i.e., a maximum is observed in Tg 2(cm - TCP) while Tg 1(cm - TCP) displays the well-known plasticizer effect. Although only non-polymeric components are involved, we re-discover essentially all features previously reported for polymer-plasticizer systems.