7.3.1 New install, large queries are slow

I am trying to get a PostgreSQL server into production (moving from MSSQL2K) but having some serious performance
issues. PostgreSQL is new to me, and I'm only just now comfortable with Linux.  So far I've succesfully compiled
postgresfrom source and migrated all the data from MSSQL.  Postgres is primarily accessed using JDBC.  
 
 
I really want to use Postgres for production, but if I can't get better results out of it by the end of the week we are
droppingit forever and going back to MSSQL despite the $$$.  I'm basically at a point where I've got to find help from
thelist.  Please help me make this server fly!
 
 
I have a query that does many joins (including two very big tables) which is slow on Postgres.  On PGSQL the query
takes19 minutes, but only 3 seconds on MSSQL.  The two servers have the same indexes created (including primary key
indexes). I finally gave up on creating all the foreign keys in Postgres - after 12 hours of 100% CPU.  It's hard for
meto believe that the hardware is the bottleneck - the $20k Postgres server far outclasses the MSSQL server (see below
forstats).  When I ran EXPLAIN ANALYZE for this query the CPU averaged 5%, sar -b shows about 6,000 block reads/sec,
andvmstat had zero swapping.  EXPLAIN results are below, I'm not sure how to interpret them.
 
 
The disks are not reading at max speed during the query - when I ran a VACUUM ANALYZE (after data migration), sar -b
wasconsistently 100,000 block reads/sec.  It does not seem like the hardware is holding back things here.  I read
somethingabout 'fsync' recently, would changing that setting apply in this case?
 
 
DATABASE:
'tranheader' table has 2000 tuples, PK index
'batchheader' table has 2.6 million tuples, 5 indexes, FK constraint to tranheader PK
'batchdetail' table has 23 million tuples, 6 indexes, FK constraint to batcheader PK
18 tables with <1000 tuples, most are child tables of batchdetail
All tables have a PK and are normalized 
Large nightly INSERTs (~200000 tuples)
Complex SELECTs all day long
No UPDATEs or DELETEs ever, at least until I run low on storage!
 
I've learned as much as I can absorb from the online docs and archives about performance tuning.  Based on my limited
understanding,I've changed the following settings.  I am totally open to any suggestions, including starting over with
RAID,filesystems, PGSQL.  I would almost consider FreeBSD if it helped a lot, but that would be a stretch given my time
investmentin Linux.  This is a brand new machine, so bad hardware is a possibility - but I'm not sure how to go about
determiningthat.
 
 
*** /etc/sysctl.conf
kernel.shmmni = 4096
kernel.shmall = 32000000
kernel.shmmax = 512000000  
 
*** /usr/local/pgsql/data/postgresql.conf
tcpip_socket=true
shared_buffers = 32768
max_fsm_relations = 10000
max_fsm_pages = 2000000
sort_mem = 8192
 
POSTGRESQL SYSTEM:
Red Hat Linux 8.0, PostgreSQL 7.3.1 (dedicated, besides SSH daemon)
Dell PE6600 Dual Xeon MP 2.0GHz, 2MB L3 cache,HyperThreading enabled
4.0 GB Physical RAM
/dev/sda1: ext3 101MB /boot 
/dev/sda2: ext3  34GB /      (sda is 2 disk RAID-1)
none     : swap 1.8GB
/dev/sdb1: ext3 104GB /usr/local/pgsql/data (sdb is 6 disk RAID-10)
All 8 drives are 36GB, 15k RPM, Ultra160 SCSI
PERC3/DC 128MB RAID controller
 
MSSQL SYSTEM:
Dell PE1650, Dual P3 1.1GHz, 1.5GB RAM
Single 18GB, 15k RPM SCSI drive (no RAID)
Windows 2000 Server SP3, SQL Server 2000 SP2

TIA,
Roman Fail
Sr. Web Application Developer
POS Portal, Inc.

EXPLAIN ANALYZE RESULTS:
Limit  (cost=370518.31..370518.31 rows=1 width=540) (actual time=1168722.18..1168722.20 rows=5 loops=1)
  ->  Sort  (cost=370518.31..370518.31 rows=1 width=540) (actual time=1168722.18..1168722.18 rows=5 loops=1)
        Sort Key: b.batchdate
        ->  Nested Loop  (cost=314181.17..370518.30 rows=1 width=540) (actual time=1148191.12..1168722.09 rows=5
loops=1)
              Join Filter: ("inner".batchdetailid = "outer".batchdetailid)
              ->  Nested Loop  (cost=314181.17..370461.79 rows=1 width=502) (actual time=1148167.55..1168671.80 rows=5
loops=1)
                    Join Filter: ("inner".batchdetailid = "outer".batchdetailid)
                    ->  Nested Loop  (cost=314181.17..370429.29 rows=1 width=485) (actual time=1148167.48..1168671.45
rows=5loops=1)
 
                          Join Filter: ("inner".batchdetailid = "outer".batchdetailid)
                          ->  Nested Loop  (cost=314181.17..370396.79 rows=1 width=476) (actual
time=1148167.41..1168671.08rows=5 loops=1)
 
                                Join Filter: ("inner".batchdetailid = "outer".batchdetailid)
                                ->  Nested Loop  (cost=314181.17..314402.47 rows=1 width=457) (actual
time=1139099.39..1139320.79rows=5 loops=1)
 
                                      Join Filter: ("outer".cardtypeid = "inner".cardtypeid)
                                      ->  Merge Join  (cost=314181.17..314401.24 rows=1 width=443) (actual
time=1138912.13..1139133.00rows=5 loops=1)
 
                                            Merge Cond: ("outer".batchid = "inner".batchid)
                                            ->  Sort  (cost=127418.59..127418.59 rows=3 width=150) (actual
time=9681.91..9681.93rows=17 loops=1)
 
                                                  Sort Key: b.batchid
                                                  ->  Hash Join  (cost=120787.32..127418.56 rows=3 width=150) (actual
time=7708.04..9681.83rows=17 loops=1)
 
                                                        Hash Cond: ("outer".merchantid = "inner".merchantid)
                                                        ->  Merge Join  (cost=120781.58..125994.80 rows=283597
width=72)(actual time=7655.57..9320.49 rows=213387 loops=1)
 
                                                              Merge Cond: ("outer".tranheaderid =
"inner".tranheaderid)
                                                              ->  Index Scan using tranheader_ix_tranheaderid_idx on
tranheadert  (cost=0.00..121.15 rows=1923 width=16) (actual time=0.15..10.86 rows=1923 loops=1)
 
                                                                    Filter: (clientid = 6)
                                                              ->  Sort  (cost=120781.58..121552.88 rows=308520
width=56)(actual time=7611.75..8162.81 rows=329431 loops=1)
 
                                                                    Sort Key: b.tranheaderid
                                                                    ->  Seq Scan on batchheader b  (cost=0.00..79587.23
rows=308520width=56) (actual time=0.90..4186.30 rows=329431 loops=1)
 
                                                                          Filter: (batchdate > '2002-12-15
00:00:00'::timestampwithout time zone)
 
                                                        ->  Hash  (cost=5.74..5.74 rows=1 width=78) (actual
time=31.39..31.39rows=0 loops=1)
 
                                                              ->  Index Scan using merchants_ix_merchid_idx on
merchantsm  (cost=0.00..5.74 rows=1 width=78) (actual time=31.38..31.38 rows=1 loops=1)
 
                                                                    Index Cond: (merchid = '701252267'::character
varying)
                                            ->  Sort  (cost=186762.59..186872.62 rows=44010 width=293) (actual
time=1127828.96..1128725.39rows=368681 loops=1)
 
                                                  Sort Key: d.batchid
                                                  ->  Index Scan using batchdetail_ix_tranamount_idx on batchdetail d
(cost=0.00..176768.18rows=44010 width=293) (actual time=35.48..1104625.54 rows=370307 loops=1)
 
                                                        Index Cond: ((tranamount >= 500.0) AND (tranamount <= 700.0))
                                      ->  Seq Scan on cardtype c  (cost=0.00..1.10 rows=10 width=14) (actual
time=37.44..37.47rows=10 loops=5)
 
                                ->  Seq Scan on purc1 p1  (cost=0.00..44259.70 rows=938770 width=19) (actual
time=98.09..4187.32rows=938770 loops=5)
 
                          ->  Seq Scan on direct dr  (cost=0.00..20.00 rows=1000 width=9) (actual time=0.00..0.00
rows=0loops=5)
 
                    ->  Seq Scan on carrental cr  (cost=0.00..20.00 rows=1000 width=17) (actual time=0.00..0.00 rows=0
loops=5)
              ->  Seq Scan on checks ck  (cost=0.00..40.67 rows=1267 width=38) (actual time=1.03..7.63 rows=1267
loops=5)
Total runtime: 1168881.12 msec