There are a number of little tricks -- from bodyglide to make your wetsuit come of quicker, to rolling your socks if you are going to wear them, to having your helmet set up so that you just tip it from your aerobars onto your head and it's ready to fasten. Little things, but they save a few seconds here and there. There are also tricks for your shoes if you leave them attached to your bike.

However, while you are asking some great questions, most of these have been covered at least once, and there are some great threads where people have already given many of their tips. I'd recommend trying search on this forum for some of these questions since not everyone that answers once will chime in each time. :)

I like Pam better than Bodyglide for the wetsuit.

The biggest thing to do to get through transition faster that I see very few people do is to run hard through transition. Remember that you're still racing during transition and that doing a light jog in between a hard swim and a hard bike doesn't make much sense.

There's really nothing that can go wrong with a wetsuit where a warranty is really even needed. Maybe a seam could be done wrong and fail, but they'll still replace it if it's a manufacturing problem. Besides, only petroleum-based lubes like Vaseline will hurt the material. Pam's made out of canola oil and doesn't hurt the wetsuit.

How much time does this really save? I know I see the pros do this, but then it takes them a few seconds to strap in them, instead if you had already put your shoes on before, you can just start hitting the bike hard. I am asking, because I have been comtemplating this through my head. I also run faster through the transition when I have my bike shoes on. I have sensitive feet, so it actually annoys me when I run on them. I am not fully convinced with this technique. I had the 2nd fastest transition time in my past sprint and I put my bike shoes on before I got on the bike.

The thing is, you're already moving at 20-25 mph when you put the shoes on, so there's less wasted time. The faster you get, the more important it is. The first time I did a pro wave, I came out of the water in third, thinking that I was going to be able to settle right into the middle of the pack for the bike. I went to put on my shoes, and after the 6 or so seconds it took to put them on, everyone was already gone. I had gotten dropped before the bike had even started....and I was third out of the water. And this was only a (very) small race. Ever since, I have always done the shoes on the bike....big difference. If you're running fast enough, you won't even think about your feet being sensitive. Plus it gets easier every time you do it.