lzo is much, much, (much) faster than zlib.  Note, I've tried several

decompression speed is even more awesome...

times to contact the author to get clarification on licensing terms
and have been unable to get a response.

lzop and the LZO library are distributed under the terms of the GNU General Public License (GPL).
source : http://www.lzop.org/lzop_man.php

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