Truncate Table Within Transaction
In SQL Server, you can rollback a TRUNCATE from a transaction. It does write page deallocation to the log, as you mentioned.
In Oracle, TRUNCATE TABLE is a DDL statement that cannot be used in a transaction (or, more accurately, cannot be rolled back). AFAIK, if there is a transaction in progress when the statement is executed, the transaction is committed and then the TRUNCATE is executed and cannot be undone.
In Informix, the behaviour of TRUNCATE is slightly different; you can use TRUNCATE in a transaction, but the only statements permissible after that are COMMIT and ROLLBACK.
Other DBMS probably have their own idiosyncratic interpretations of the behaviour of TRUNCATE TABLE.