Hi All,
This is an older post of mine. I wanted to share an update.
As Lucio Martinez correctly pointed out, the detailed logs can be prevented by setting parameter
SCRIPT_LOGIC_DETAIL_LOG = OFF.
However we were wrong in our original premise that the detailed log itself was consuming too much time for writing the logs. Even when writing millions of lines of log details, the time spent on doing that was very small compared to the overall runtime.
We are now on HANA and life is much better! 