What would you do in this situation?

We are currently at PG 8.1 and are in the process of upgrading to 8.3.6.  I 
read on your development roadmap page that 8.4 is slated for release in Q1 of 
this year, possibly on the 31st of March:

"The next release of PostgreSQL is planned to be the 8.4 release. A tentative 
schedule for this version has a release in the first quarter of 2009."

I have also read in the postings that the framework for in-place upgrades is 
being added to 8.4, so the actual upgrade to the forthcoming 8.5 can be done as 
in-place (without dump/restore), but there won't be a way to do an in-place 
upgrade from any 8.3.x version directly to 8.5.

Upgrading some of our larger databases is rather painful and is a several day 
effort (staging historical data over time so the actual cutover can 
realistically be done in a weekend).  Right now 8.1 is working well for us, is 
extremely stable, and provides all of the functionality we need to support our 
applications. Given this, it sounds to me like it makes sense to wait a bit 
longer (2nd half of this year) for a 8.4.x version do to the dump/restore 
against for the last time so we can then, in the future, do in-place upgrades 
from 8.5 onward.

Any comments you can make on this suggestion would be very much appreciated.

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