diff --git a/.travis.yml b/.travis.yml
index d046c1b7a..b1fc8c314 100644
--- a/.travis.yml
+++ b/.travis.yml
@@ -1,5 +1,8 @@
+go_import_path: github.com/minio/minio
 sudo: required
+
 dist: trusty
+
 language: go
 
 os:
@@ -20,4 +23,4 @@ after_success:
 - bash <(curl -s https://codecov.io/bash)
 
 go:
-- 1.6.2
+- 1.7.1
diff --git a/cmd/erasure-utils.go b/cmd/erasure-utils.go
index ec8a55f57..20b7d2b60 100644
--- a/cmd/erasure-utils.go
+++ b/cmd/erasure-utils.go
@@ -21,6 +21,7 @@ import (
 	"errors"
 	"hash"
 	"io"
+	"sync"
 
 	"github.com/klauspost/reedsolomon"
 	"github.com/minio/blake2b-simd"
@@ -47,13 +48,23 @@ func newHash(algo string) hash.Hash {
 	}
 }
 
+var hashBufPool = sync.Pool{
+	New: func() interface{} {
+		b := make([]byte, readSizeV1)
+		return &b
+	},
+}
+
 // hashSum calculates the hash of the entire path and returns.
 func hashSum(disk StorageAPI, volume, path string, writer hash.Hash) ([]byte, error) {
-	// Allocate staging buffer of 128KiB for copyBuffer.
-	buf := make([]byte, readSizeV1)
+	// Allocate staging buffer of 2MiB for copyBuffer.
+	bufp := hashBufPool.Get().(*[]byte)
+
+	// Reuse buffer.
+	defer hashBufPool.Put(bufp)
 
 	// Copy entire buffer to writer.
-	if err := copyBuffer(writer, disk, volume, path, buf); err != nil {
+	if err := copyBuffer(writer, disk, volume, path, *bufp); err != nil {
 		return nil, err
 	}
 
diff --git a/cmd/fs-v1-multipart.go b/cmd/fs-v1-multipart.go
index 0eff2f38b..9b7496063 100644
--- a/cmd/fs-v1-multipart.go
+++ b/cmd/fs-v1-multipart.go
@@ -24,6 +24,7 @@ import (
 	"path"
 	"strconv"
 	"strings"
+	"sync"
 	"time"
 
 	"github.com/skyrings/skyring-common/tools/uuid"
@@ -289,6 +290,14 @@ func getFSAppendDataPath(uploadID string) string {
 	return path.Join(tmpMetaPrefix, uploadID+".data")
 }
 
+// Parts pool shared buffer.
+var appendPartsBufPool = sync.Pool{
+	New: func() interface{} {
+		b := make([]byte, readSizeV1)
+		return &b
+	},
+}
+
 // Append parts to fsAppendDataFile.
 func appendParts(disk StorageAPI, bucket, object, uploadID string) {
 	uploadIDPath := path.Join(mpartMetaPrefix, bucket, object, uploadID)
@@ -348,7 +357,10 @@ func appendParts(disk StorageAPI, bucket, object, uploadID string) {
 	partPath := path.Join(mpartMetaPrefix, bucket, object, uploadID, part.Name)
 	offset := int64(0)
 	totalLeft := part.Size
-	buf := make([]byte, readSizeV1)
+
+	// Get buffer from parts pool.
+	bufp := appendPartsBufPool.Get().(*[]byte)
+	buf := *bufp
 	for totalLeft > 0 {
 		curLeft := int64(readSizeV1)
 		if totalLeft < readSizeV1 {
@@ -370,12 +382,16 @@ func appendParts(disk StorageAPI, bucket, object, uploadID string) {
 		offset += n
 		totalLeft -= n
 	}
+	appendPartsBufPool.Put(bufp)
+
 	// All good, the part has been appended to the tmp file, rename it back.
 	if err = disk.RenameFile(minioMetaBucket, tmpDataPath, minioMetaBucket, fsAppendDataPath); err != nil {
+		errorIf(err, "Unable to rename %s to %s", tmpDataPath, fsAppendDataPath)
 		return
 	}
 	fsAppendMeta.AddObjectPart(part.Number, part.Name, part.ETag, part.Size)
 	if err = writeFSMetadata(disk, minioMetaBucket, fsAppendMetaPath, fsAppendMeta); err != nil {
+		errorIf(err, "Unable to write FS metadata %s", fsAppendMetaPath)
 		return
 	}
 	// If there are more parts that need to be appended to fsAppendDataFile
@@ -385,6 +401,14 @@ func appendParts(disk StorageAPI, bucket, object, uploadID string) {
 	}
 }
 
+// Parts pool shared buffer.
+var partsBufPool = sync.Pool{
+	New: func() interface{} {
+		b := make([]byte, readSizeV1)
+		return &b
+	},
+}
+
 // PutObjectPart - reads incoming data until EOF for the part file on
 // an ongoing multipart transaction. Internally incoming data is
 // written to '.minio/tmp' location and safely renamed to
@@ -433,8 +457,11 @@ func (fs fsObjects) PutObjectPart(bucket, object, uploadID string, partID int, s
 	if size > 0 && bufSize > size {
 		bufSize = size
 	}
-	buf := make([]byte, int(bufSize))
-	bytesWritten, cErr := fsCreateFile(fs.storage, teeReader, buf, minioMetaBucket, tmpPartPath)
+	bufp := partsBufPool.Get().(*[]byte)
+	buf := *bufp
+	defer partsBufPool.Put(bufp)
+
+	bytesWritten, cErr := fsCreateFile(fs.storage, teeReader, buf[:bufSize], minioMetaBucket, tmpPartPath)
 	if cErr != nil {
 		fs.storage.DeleteFile(minioMetaBucket, tmpPartPath)
 		return "", toObjectErr(cErr, minioMetaBucket, tmpPartPath)
@@ -578,6 +605,14 @@ func (fs fsObjects) ListObjectParts(bucket, object, uploadID string, partNumberM
 	return fs.listObjectParts(bucket, object, uploadID, partNumberMarker, maxParts)
 }
 
+// Complete multipart pool shared buffer.
+var completeBufPool = sync.Pool{
+	New: func() interface{} {
+		b := make([]byte, readSizeV1)
+		return &b
+	},
+}
+
 // CompleteMultipartUpload - completes an ongoing multipart
 // transaction after receiving all the parts indicated by the client.
 // Returns an md5sum calculated by concatenating all the individual
@@ -642,8 +677,9 @@ func (fs fsObjects) CompleteMultipartUpload(bucket string, object string, upload
 	} else {
 		tempObj := path.Join(tmpMetaPrefix, uploadID+"-"+"part.1")
 
-		// Allocate staging buffer.
-		var buf = make([]byte, readSizeV1)
+		bufp := completeBufPool.Get().(*[]byte)
+		buf := *bufp
+		defer completeBufPool.Put(bufp)
 
 		// Loop through all parts, validate them and then commit to disk.
 		for i, part := range parts {
diff --git a/cmd/fs-v1.go b/cmd/fs-v1.go
index 48d6ca819..0bd7de0fc 100644
--- a/cmd/fs-v1.go
+++ b/cmd/fs-v1.go
@@ -25,6 +25,7 @@ import (
 	"path"
 	"sort"
 	"strings"
+	"sync"
 
 	"github.com/minio/minio/pkg/disk"
 	"github.com/minio/minio/pkg/mimedb"
@@ -227,6 +228,13 @@ func (fs fsObjects) DeleteBucket(bucket string) error {
 
 /// Object Operations
 
+var getBufPool = sync.Pool{
+	New: func() interface{} {
+		b := make([]byte, readSizeV1)
+		return &b
+	},
+}
+
 // GetObject - get an object.
 func (fs fsObjects) GetObject(bucket, object string, offset int64, length int64, writer io.Writer) (err error) {
 	// Verify if bucket is valid.
@@ -266,8 +274,11 @@ func (fs fsObjects) GetObject(bucket, object string, offset int64, length int64,
 	if length > 0 && bufSize > length {
 		bufSize = length
 	}
+
 	// Allocate a staging buffer.
-	buf := make([]byte, int(bufSize))
+	bufp := getBufPool.Get().(*[]byte)
+	buf := *bufp
+	defer getBufPool.Put(bufp)
 	for {
 		// Figure out the right size for the buffer.
 		curLeft := bufSize
@@ -356,7 +367,15 @@ func (fs fsObjects) GetObjectInfo(bucket, object string) (ObjectInfo, error) {
 	}, nil
 }
 
-// PutObject - create an object.
+var putBufPool = sync.Pool{
+	New: func() interface{} {
+		b := make([]byte, readSizeV1)
+		return &b
+	},
+}
+
+// PutObject - saves an object atomically of size - size bytes.
+// With size bytes of '-1' this function reads till EOF.
 func (fs fsObjects) PutObject(bucket string, object string, size int64, data io.Reader, metadata map[string]string) (string, error) {
 	// Verify if bucket is valid.
 	if !IsValidBucketName(bucket) {
@@ -405,9 +424,12 @@ func (fs fsObjects) PutObject(bucket string, object string, size int64, data io.
 		if size > 0 && bufSize > size {
 			bufSize = size
 		}
-		buf := make([]byte, int(bufSize))
+		bufp := putBufPool.Get().(*[]byte)
+		buf := *bufp
+		defer putBufPool.Put(bufp)
+
 		teeReader := io.TeeReader(limitDataReader, md5Writer)
-		bytesWritten, err := fsCreateFile(fs.storage, teeReader, buf, minioMetaBucket, tempObj)
+		bytesWritten, err := fsCreateFile(fs.storage, teeReader, buf[:bufSize], minioMetaBucket, tempObj)
 		if err != nil {
 			fs.storage.DeleteFile(minioMetaBucket, tempObj)
 			return "", toObjectErr(err, bucket, object)
diff --git a/cmd/object-common.go b/cmd/object-common.go
index d9395f1b3..32ef70d9c 100644
--- a/cmd/object-common.go
+++ b/cmd/object-common.go
@@ -27,7 +27,7 @@ const (
 	blockSizeV1 = 10 * 1024 * 1024 // 10MiB.
 
 	// Staging buffer read size for all internal operations version 1.
-	readSizeV1 = 128 * 1024 // 128KiB.
+	readSizeV1 = 2 * 1024 * 1024 // 2MiB.
 
 	// Buckets meta prefix.
 	bucketMetaPrefix = "buckets"
diff --git a/cmd/object-utils.go b/cmd/object-utils.go
index 420099a91..ce736395d 100644
--- a/cmd/object-utils.go
+++ b/cmd/object-utils.go
@@ -75,11 +75,8 @@ func IsValidBucketName(bucket string) bool {
 // Rejects strings with following characters.
 //
 // - Backslash ("\")
-// - Caret ("^")
-// - Grave accent / back tick ("`")
-// - Vertical bar / pipe ("|")
 //
-// Minio does not support object names with trailing "/".
+// Additionally minio does not support object names with trailing "/".
 func IsValidObjectName(object string) bool {
 	if len(object) == 0 {
 		return false
@@ -103,7 +100,7 @@ func IsValidObjectPrefix(object string) bool {
 		return false
 	}
 	// Reject unsupported characters in object name.
-	if strings.ContainsAny(object, "`^|\\\"") {
+	if strings.ContainsAny(object, `\`) {
 		return false
 	}
 	return true
diff --git a/cmd/posix-list-dir-nix.go b/cmd/posix-list-dir-nix.go
index 1023ebf43..51c4aaf77 100644
--- a/cmd/posix-list-dir-nix.go
+++ b/cmd/posix-list-dir-nix.go
@@ -23,6 +23,7 @@ import (
 	"path"
 	"runtime"
 	"strings"
+	"sync"
 	"syscall"
 	"unsafe"
 )
@@ -30,9 +31,9 @@ import (
 const (
 	// readDirentBufSize for syscall.ReadDirent() to hold multiple
 	// directory entries in one buffer. golang source uses 4096 as
-	// buffer size whereas we want 25 times larger to save lots of
-	// entries to avoid multiple syscall.ReadDirent() call.
-	readDirentBufSize = 4096 * 25
+	// buffer size whereas we use 1MiB for large entries in single
+	// operation to avoid multiple syscall.ReadDirent() call.
+	readDirentBufSize = 1 * 1024 * 1024 // 1MiB.
 )
 
 // actual length of the byte array from the c - world.
@@ -107,9 +108,19 @@ func parseDirents(dirPath string, buf []byte) (entries []string, err error) {
 	return entries, nil
 }
 
+var readDirBufPool = sync.Pool{
+	New: func() interface{} {
+		b := make([]byte, readDirentBufSize)
+		return &b
+	},
+}
+
 // Return all the entries at the directory dirPath.
 func readDir(dirPath string) (entries []string, err error) {
-	buf := make([]byte, readDirentBufSize)
+	bufp := readDirBufPool.Get().(*[]byte)
+	buf := *bufp
+	defer readDirBufPool.Put(bufp)
+
 	d, err := os.Open(dirPath)
 	if err != nil {
 		// File is really not found.
diff --git a/cmd/posix.go b/cmd/posix.go
index 29f8c93ce..b4f2248fe 100644
--- a/cmd/posix.go
+++ b/cmd/posix.go
@@ -26,6 +26,7 @@ import (
 	"path/filepath"
 	"runtime"
 	"strings"
+	"sync"
 	"sync/atomic"
 	"syscall"
 
@@ -42,6 +43,7 @@ type posix struct {
 	ioErrCount  int32 // ref: https://golang.org/pkg/sync/atomic/#pkg-note-BUG
 	diskPath    string
 	minFreeDisk int64
+	pool        sync.Pool
 }
 
 var errFaultyDisk = errors.New("Faulty disk")
@@ -70,16 +72,22 @@ func checkPathLength(pathName string) error {
 func isDirEmpty(dirname string) bool {
 	f, err := os.Open(dirname)
 	if err != nil {
+		if os.IsNotExist(err) {
+			return false
+		}
 		errorIf(err, "Unable to access directory.")
 		return false
 	}
 	defer f.Close()
 	// List one entry.
 	_, err = f.Readdirnames(1)
+	if err == io.EOF {
+		// Returns true if we have reached EOF, directory is indeed empty.
+		return true
+	}
 	if err != nil {
-		if err == io.EOF {
-			// Returns true if we have reached EOF, directory is indeed empty.
-			return true
+		if os.IsNotExist(err) {
+			return false
 		}
 		errorIf(err, "Unable to list directory.")
 		return false
@@ -102,6 +110,13 @@ func newPosix(diskPath string) (StorageAPI, error) {
 	fs := &posix{
 		diskPath:    diskPath,
 		minFreeDisk: fsMinSpacePercent, // Minimum 5% disk should be free.
+		// 1MiB buffer pool for posix internal operations.
+		pool: sync.Pool{
+			New: func() interface{} {
+				b := make([]byte, 1*1024*1024)
+				return &b
+			},
+		},
 	}
 	st, err := os.Stat(preparePath(diskPath))
 	if err != nil {
@@ -592,8 +607,13 @@ func (s *posix) AppendFile(volume, path string, buf []byte) (err error) {
 	// Close upon return.
 	defer w.Close()
 
-	// Return io.Copy
-	_, err = io.Copy(w, bytes.NewReader(buf))
+	bufp := s.pool.Get().(*[]byte)
+
+	// Reuse buffer.
+	defer s.pool.Put(bufp)
+
+	// Return io.CopyBuffer
+	_, err = io.CopyBuffer(w, bytes.NewReader(buf), *bufp)
 	return err
 }
 
@@ -680,6 +700,11 @@ func deleteFile(basePath, deletePath string) error {
 	}
 	// Attempt to remove path.
 	if err := os.Remove(preparePath(deletePath)); err != nil {
+		if os.IsNotExist(err) {
+			return errFileNotFound
+		} else if os.IsPermission(err) {
+			return errFileAccessDenied
+		}
 		return err
 	}
 	// Recursively go down the next path and delete again.
diff --git a/cmd/posix_test.go b/cmd/posix_test.go
index 25ac68b43..745a10ecc 100644
--- a/cmd/posix_test.go
+++ b/cmd/posix_test.go
@@ -679,8 +679,8 @@ func TestPosixListDir(t *testing.T) {
 			t.Errorf("Unable to initialize posix, %s", err)
 		}
 
-		if err = posixStorage.DeleteFile("bin", "yes"); !os.IsPermission(err) {
-			t.Errorf("expected: Permission error, got: %s", err)
+		if err = posixStorage.DeleteFile("bin", "yes"); err != errFileAccessDenied {
+			t.Errorf("expected: %s error, got: %s", errFileAccessDenied, err)
 		}
 	}
 
@@ -793,8 +793,8 @@ func TestDeleteFile(t *testing.T) {
 			t.Errorf("Unable to initialize posix, %s", err)
 		}
 
-		if err = posixStorage.DeleteFile("bin", "yes"); !os.IsPermission(err) {
-			t.Errorf("expected: Permission error, got: %s", err)
+		if err = posixStorage.DeleteFile("bin", "yes"); err != errFileAccessDenied {
+			t.Errorf("expected: %s error, got: %s", errFileAccessDenied, err)
 		}
 	}