Although i'm currently on holliday, with limited access to the world wide web,
i would like to link here an interesting contribution from Vitor Oliveira, an LZ4 user, which seems to have found some pretty impressive results for log file compression by using a simple technique :
multi-pass compression.
More specifically, his method, which involves several pass of LZ4 algorithms, seems to produce compressed file which are several times smaller than zlib, while requiring only a fraction of the computation cost.
Some preliminary results :
zlib (one pass) : 54 MB, 265ms
LZ4 (one pass) : 56 MB, 6ms
LZ4 (multi-pass) : 4 MB, 16 ms
Since log file compression is a relatively common scenario, i figure this was interesting to share :
https://groups.google.com/d/msg/lz4c/DcN5SgFywwk/AVMOPri0O3gJ