I've set up a few virtual hosts in Lion and it's running very slowly.

NameVirtualHost *:80 

<VirtualHost *:80>
    ServerName localhost
    DocumentRoot "/Library/WebServer/Documents"
</VirtualHost>

<VirtualHost *:80> 
    ServerName dev.local 
    DocumentRoot "/Users/me/mysite" 
    <Directory /Users/me/mysite>
        Order allow,deny
        Allow from all
    </Directory>
</VirtualHost>

then in /etc/hosts I added 127.0.0.1 dev.local

Everything works fine but it's sooooo slow — 5 or so second to reload a simple "Hello World" html page.

Here's is the strange part. If I make a symbolic link of the site in my ~/Sites folder (ln -s ~/mysite ~/Sites/mysite) and navigate to http://localhost/~me/mysite It's nice and fast the way it should be.