The title is misleading, I was expecting to discover a better way of dealing with logs in the general case. Instead I got served an attempt of the author to generalize its way as if his quite specific use case could apply to the outside world.

Reading this was a waste of my time.

Being a universal open format text is a better format than binary, unless you don't care about being able to read your data in the future. There's already enough issue with filesystems and storage media, no need to add more complexity to the issue.