I did 4 clean installations of debian 6 and measured time of installing some average virtual package. FS options are default.
time apt-get install build-essential
I got very strange results (min:sec, less is faster):
XFS: 3:12
btrfs: 2:45
ext3: 0:30
ext4: 0:50
What the flying flock wrong with the first two? 6 times slower than ext3? Am I doing something wrong?

Upd (some details):
All LVM volumes are local to VM and are on idle RAID. CDROM image is local and the same, Internet connection is stable and it factors max 10-15 seconds. All the visible slowdowns are after downloads: XFS and btrfs guests think over 1 second every Unpacking. Low-level caching is disabled. Host node is idle every installation, no active guests but the one.
Unpacking. Low-level caching is disabled. I decided to run these tests because I was unhappy with package manager performance on metal host. – ujifgc May 24 '12 at 5:44barrier=0might help with XFS -- ext3 does not enable that by default, unless things have changed recently. – Janne Pikkarainen May 24 '12 at 8:46