1) Having caches for each instance is not efficient. Sharing cache is the best.
Isn't a shared cache just a DBMS? Sure, you can RYO at great effort and expense -- and you will probably get better performance out of it, but unless you have specific hardware requirements that preclude using a real database, it would seem to me to be a waste of time.
For general purpose fetching, I would agree, but for expensive-to- fetch data, that's not NECESSARILY the case ... I suppose you could do precomputed views if your database supports it, but I'm not sure how many actually do (I know Oracle does .. not sure about the others).

ms

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