Should I rebuild index after truncate/large insert?

As with most questions of this type, it depends. It's unlikely that you're going to be inserting the data in the "correct" order for all of the indexes involved, which means that all of those indexes are likely to encounter a lot of page splitting during the insert process. So let's assume that you're inserting in clustered index order. You could disable all non-clustered indexes, truncate, do your insert, and then rebuild all of your non-clustered indexes. Of course, trying both approaches will tell you the truth of which is faster regardless of the theory behind it. :)