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transaction logging

I would like to put in some code to have transactions automatically
logged into a database rather than (or in addition to) a simple text
file for the ldbm back-end.  I would like to store the date, id, a
unique serial number for the transaction, and the transaction data. 
This approach will allow for better and more flexible replication later,
as well as better auditing.

Anyone have comments/objections to this approach?

Will Ballantyne             GEMS Technical Architect