This post, dated prior to the documentation I read before the switch, seems to suggest it would do it just fine as long as it was asynchronous. I'm not clear though on just how ugly its async replication might be (http://www.postgresql.org/docs/8.4/static/high-availability....).
I'd like to use dbmail to store mail in a database replicated across multiple servers (which would need fairly reliable replication), as well as syslog and other logging facilities to sql (where reliability isn't quite so big of a deal).
Is Postgres up to this now, or not?