Logging Strategy

[Kane Jeeves]

I'm just curious what others are doing in terms of logging things in your code. For example, we log all errors to a table. We also log major code branches, like "Process XYZ - Start", "Process XYZ - Stop", and things like that. But we're starting to run into situations where it seems like we need to take it to the next level, for example logging all values sent to a Sproc. I'm hesitant though because that might start to slow overall processing. I know there are systems out there that must do heavy duty logging within code (VB in our case) but still must maintain performance.

Thoughts?