OK, I think we found the "problem". I use my Blog to present my Smilies and I added each Smilie to the wpsmiliestrans-array in functions.php. So the array has 1.800 lines. :D
If I remove all Smilies from the array, the load goes done significantly!
But, as you can see in my cpu load graph:
http://www.greensmilies.com/wp-content/uploads/2008/01/cpu-day19-22.png
the load without the large array is much higher than under 2.0.11 with the large array!
Why it was better under 2.0.11?
Any ideas, what I can do? I don't wanna remove the smilies, because they are the topic of my blog and I used them in hundreds of topics...
My Server-Admin also said me, that a lexer is faster than a parser and WP should use it... just his 2 cents.
For examlpe: http://greg.chiaraquartet.net/archives/138-PHP_ParserGenerator-and-PHP_LexerGenerator.html
Thanks for reading! :)
/edit:
I use a dedicated server with an AMD Athlon(tm) 64 X2 Dual Core Processor 4600+ (2400 mhz) and 2 gigs of ram.