Baron pointed to two really good articles recently by Brendan Gregg on Filesystem Latency (part1 / part2), that I too would recommend everybody read.
They rightly point out that trying to correlate IO statistics from tools such as iostat to a databases workload, especially when that database is on a shared resource, is fraught with complications – and further to that, not the full picture anyway, even on a dedicated system. Brendan points out that to get the full picture, you really need to be instrumenting your profiling at the read/write layer of the application …
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