Events are cowards, they attack in force: How to cope with insane log volumes

This page will be (surprise) a best practices conversation on effective enterprise log management.

Specific areas:

Collection and storage
 * Effective aggregation and transport - UDP, TCP, and the little white rabbit.
 * Retention policies

Using logged events in network monitoring and real-time operations
 * Log analyzers - Your BGP peer just dropped. Who's going to know first, you or your customer?
 * Reporting