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Re:Large scale Apache log file analysis by Travis on Monday March 08, 2010 @11:27AM (#1175657)
Splunk is very popular, although I think it's software that you have to host. I have no idea how fast it is, but with a recent-ish machine I wonder if you could have it process stuff in a weekly batch with minimum of frustration. They have a free trial that might be worth it to you -- www.splunk.com

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