A follow-up a few days later...
My system is stable now, no noticeable delays, HUB Watchdog values are not so bad:
BUT:
My C7 hub database size grows very quickly from 13MB after the reboot up to 90-100MB for less than an hour. Then it stabilizes and varies between 80..90MB :
( dB size is the cyan colored line)
So something strange happens, filling up the database extremely quickly in my opinion:
7:19 - 28 MB
7:24 - 37 MB = 1.8 MB/min = 30 KB/sec dB size increase
7:29 - 45 MB = 1.6 MB/min = 26 KB/sec dB size increase
7:34 - 52 MB = 1.4 MB/min = 23 KB/sec dB size increase
7:39 - 56 MB = 0.8 MB/min = 13 KB/sec dB size increase
7:44 - 63 MB = 1.4 MB/min = 23 KB/sec dB size increase
7:49 - 66 MB = 0.6 MB/min = 10 KB/sec dB size increase
7:54 - 89 MB = 4.6 MB/min = 76 KB/sec dB size increase
10..70 Kilobytes per second growth of the database is very unlikely to be due to Events to States recordings... nor logs. Should be something else that I don't understand.
I have spent too much time in the past days trying to narrow down the possible reasons. I went a wrong path disabling 'chatty' devices such us my NEO Coolcam power plugs, disabling/deleting applications that were on the top op the App stats State size (such a hubigraphs, weather tiles, etc..), disabling cummunity/custom integrations, etc.. All this was a waste of time, as it is obvious that no driver or app can generate nearly 2 Megabytes of events / states data per 1 minute!
I did a Soft Reset. I restored different database backups from the last week, I performed a lot of ..IP/hub/cleanupDatabase procedures. Currently, I have Event History Size = 1 and State History Size = 5. I am sure that even if I increase the sizes to 50 or 100, the database will not grow up so much compared to the 90-100MB that I have now. The database seems to be filled up with something else...
The only other thing that I am going to try is to exclude two Z-wave devices that are not powered on, but exist as nodes in the network.
As I said, I have no performance issues in the last 2 days. But what remains is the doubt that something is not OK.