Ashmash writes: Benchmarks of the Btrfs filesystem have been published by Phoronix that compare it to the XFS, EXT3, and EXT4 file-systems. In the end they conclude that this next-generation Linux filesystem is not yet the performance king. In a great number of the tests, the EXT4 filesystem that was designed to be an interim step to Btrfs actually performs much better than the unstable Btrfs, albeit Btrfs still has more advanced features. Fedora 11 even took longer to boot when using Btrfs than EXT3 or EXT4.
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