My my.cnf for my local dev install of mysql server

homebrew.my.cnf

# Generated by Percona Configuration Wizard (http://tools.percona.com/) version REL5-20120208
# Configuration name localdev generated for [email protected] at 2012-05-17 14:39:57

[mysqladmin]

# CLIENT #
port                           = 3306
socket                         = /usr/local/var/run/mysql/mysql.sock

[mysql]

# CLIENT #
port                           = 3306
socket                         = /usr/local/var/run/mysql/mysql.sock

[mysqld]
bind-address=127.0.0.1
character-set-server=utf8
collation-server=utf8_general_ci
ft_min_word_len=3
# GENERAL #
user                           = mysql
default_storage_engine         = InnoDB
socket                         = /usr/local/var/run/mysql/mysql.sock
pid_file                       = /usr/local/var/run/mysql/mysql.pid

# MyISAM #
key_buffer_size                = 32M
myisam_recover                 = FORCE,BACKUP

# SAFETY #
max_allowed_packet             = 16M
max_connect_errors             = 1000000

# DATA STORAGE #
datadir                        = /usr/local/var/mysql

# BINARY LOGGING #
#log_bin                        = /usr/local/var/mysql/mysql-bin
#expire_logs_days               = 14
#sync_binlog                    = 1

# CACHES AND LIMITS #
tmp_table_size                 = 32M
max_heap_table_size            = 32M
query_cache_type               = 0
query_cache_size               = 0
max_connections                = 500
thread_cache_size              = 50
open_files_limit               = 65535
table_definition_cache         = 4096
table_open_cache               = 4096

# INNODB #
innodb_flush_method            = O_DIRECT
innodb_log_files_in_group      = 2
innodb_log_file_size           = 128M
innodb_flush_log_at_trx_commit = 1
innodb_file_per_table          = 1
innodb_buffer_pool_size        = 512M

# LOGGING #
log_error                      = /usr/local/var/log/mysql/mysql-error.log
log_queries_not_using_indexes  = 1
slow_query_log                 = 1
slow_query_log_file            = /usr/local/var/log/mysql/mysql-slow.log