1. [Install Preware with WebOS Quick Install][1]
  2. In Preware on the Touchpad,
    a. install [UberKernel][2] (Kernel > Stable)
    b. install [Govnah][3] (Application > System Utilities) and choose
       the OnDemandTcl 1512 profile. This overclocks the device to
       1.5 GHz (up from 1.2 GHz) and underclocks it to 192 MHz when
       idle (down from 500 Mhz).
    c. install the following patches
      i. Faster Card Animation HYPER Version (Patch > Mojo)
      ii. Increase Touch Sensitivity And Smoothness 10 (Patch > Misc)
      iii. Muffle System Logging (Patch > System; primarily what
           you're looking for if you don't want to use the custom kernel)
      iv. Remove Dropped Packet Logging (Patch > Misc)
      v. Unthrottle Download Manager (Patch > Misc)

[2]: http://www.webos-internals.org/wiki/Application:UberKernel

[3]: http://www.webos-internals.org/wiki/Govnah

http://forums.precentral.net/hp-touchpad/287848-my-hp-touchp...