Joe Maldonado <jmaldonado@webehosting.biz> writes:
> It seems that TRUNCATE is first posting a lock on the table and then
> waiting for other transactions to finish before truncating the table
> thus blocking all other operations.
That's what it's supposed to do. If you have a problem with the length
of the delay, find the (other) transaction that's accessing the table
for too long and fix that.
regards, tom lane