Confirmation of bad query plan generated by 7.4 tree

Just so I don't think I'm insane:

warehouse=# explain analyze select e.event_date::date
warehouse-# from l_event_log e
warehouse-# JOIN c_event_type t ON (t.id = e.event_type_id)
warehouse-# WHERE e.event_date > now() - interval '2 days'
warehouse-# AND t.event_name = 'activation';

QUERY PLAN
----------------------------------------------------------------------------------------------------------------------------------------------------
Hash Join (cost=9.22..2723869.56 rows=268505 width=8) (actual
time=107.324..408.466 rows=815 loops=1)
Hash Cond: ("outer".event_type_id = "inner".id)
-> Index Scan using idx_evt_dt on l_event_log e
(cost=0.00..2641742.75 rows=15752255 width=12) (actual
time=0.034..229.641 rows=38923 loops=1)
Index Cond: (event_date > (now() - '2 days'::interval))
-> Hash (cost=9.21..9.21 rows=3 width=4) (actual time=0.392..0.392
rows=0 loops=1)
-> Index Scan using pk_c_event_type on c_event_type t
(cost=0.00..9.21 rows=3 width=4) (actual time=0.071..0.353 rows=6
loops=1)
Filter: ((event_name)::text = 'activation'::text)
Total runtime: 412.015 ms
(8 rows)

Am I correct in assuming this terrible plan is due to our ancient
version of Postgres?
This plan is so bad, the system prefers a sequence scan on our 27M row
table with dates
spanning 4 years. 2 days should come back instantly. Both tables are
freshly vacuumed
and analyzed, so I'll just chalk this up to 7.4 sucking unless someone
says otherwise.

--

Shaun Thomas
Database Administrator

Leapfrog Online
807 Greenwood Street
Evanston, IL 60201
Tel. 847-440-8253
Fax. 847-570-5750
www.leapfrogonline.com

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