diff -aruN a/sysklogd/syslogd.c b/sysklogd/syslogd.c
--- a/sysklogd/syslogd.c	2012-01-04 10:13:07.989873065 -0800
+++ b/sysklogd/syslogd.c	2012-01-04 10:08:05.000000000 -0800
@@ -165,10 +165,10 @@
 	/* ...then copy to parsebuf, escaping control chars */
 	/* (can grow x2 max) */
 	char parsebuf[MAX_READ*2];
-	/* ...then sprintf into printbuf, adding timestamp (15 chars),
+	/* ...then sprintf into printbuf, adding timestamp (26 chars),
 	 * host (64), fac.prio (20) to the message */
-	/* (growth by: 15 + 64 + 20 + delims = ~110) */
-	char printbuf[MAX_READ*2 + 128];
+	/* (growth by: 26 + 64 + 20 + delims = ~121) */
+	char printbuf[MAX_READ*2 + 139];
 };
 
 static const struct init_globals init_data = {
@@ -638,47 +638,62 @@
 	snprintf(res20, 20, "<%d>", pri);
 }
 
+static struct tm * generate_time(struct timeval *tvp, struct tm *tmp)
+{
+	struct tm *tm;
+
+	gettimeofday(tvp, NULL);
+
+	if (option_mask32 & OPT_utc) {
+		tm = gmtime_r(&tvp->tv_sec, tmp);
+	} else {
+		tm = localtime_r(&tvp->tv_sec, tmp);
+	}
+
+	return tm;
+}
+
 /* len parameter is used only for "is there a timestamp?" check.
  * NB: some callers cheat and supply len==0 when they know
  * that there is no timestamp, short-circuiting the test. */
 static void timestamp_and_log(int pri, char *msg, int len)
 {
-	char *timestamp;
-	time_t now;
+	char timestamp[27];
+	struct timeval tvnow;
+	struct tm parsed, tmnow, *tmp;
+	size_t n;
 
 	/* Jan 18 00:11:22 msg... */
 	/* 01234567890123456 */
 	if (len < 16 || msg[3] != ' ' || msg[6] != ' '
 	 || msg[9] != ':' || msg[12] != ':' || msg[15] != ' '
 	) {
-		time(&now);
-		if (option_mask32 & OPT_utc)
-			timestamp = asctime(gmtime(&now));
-		else
-			timestamp = asctime(localtime(&now));
-		timestamp += 4; /* skip day of week */
+		tmp = generate_time(&tvnow, &tmnow);
 	} else {
-		if (option_mask32 & OPT_utc) {
-			struct tm parsed, local;
-			now = time(NULL);
-			localtime_r(&now, &local);
-			if (strptime(msg, "%h %e %T", &parsed) != NULL) {
-				parsed.tm_gmtoff	= local.tm_gmtoff;
-				parsed.tm_zone		= local.tm_zone;
-				parsed.tm_year		= local.tm_year;
-				parsed.tm_isdst		= local.tm_isdst;
-				now = mktime(&parsed);
-				timestamp = asctime(gmtime(&now)) + 4;
+		struct tm local;
+		tvnow.tv_sec = time(NULL);
+		localtime_r(&tvnow.tv_sec, &local);
+		if (strptime(msg, "%h %e %T", &parsed) != NULL) {
+
+			parsed.tm_gmtoff	= local.tm_gmtoff;
+			parsed.tm_zone		= local.tm_zone;
+			parsed.tm_year		= local.tm_year;
+			parsed.tm_isdst		= local.tm_isdst;
+			tvnow.tv_sec = mktime(&parsed);
+			tvnow.tv_usec = 0;
+
+			if (option_mask32 & OPT_utc) {
+				tmp = gmtime_r(&tvnow.tv_sec, &tmnow);
 			} else {
-				timestamp = msg;
+				tmp = &parsed;
 			}
 		} else {
-			now = 0;
-			timestamp = msg;
+			tmp  = generate_time(&tvnow, &tmnow);
 		}
 		msg += 16;
 	}
-	timestamp[15] = '\0';
+	n = strftime(timestamp, sizeof(timestamp), "%F %T", tmp);
+	snprintf(timestamp + n, sizeof(timestamp) - n, ".%06ld", tvnow.tv_usec);
 
 	if (option_mask32 & OPT_small)
 		sprintf(G.printbuf, "%s %s\n", timestamp, msg);
@@ -698,7 +713,7 @@
 
 		for (rule = G.log_rules; rule; rule = rule->next) {
 			if (rule->enabled_facility_priomap[facility] & prio_bit) {
-				log_locally(now, G.printbuf, rule->file);
+				log_locally(tvnow.tv_sec, G.printbuf, rule->file);
 				match = 1;
 			}
 		}
@@ -713,7 +728,7 @@
 			return;
 		}
 #endif
-		log_locally(now, G.printbuf, &G.logFile);
+		log_locally(tvnow.tv_sec, G.printbuf, &G.logFile);
 	}
 }