Thanks to the Postgres Weekly issue #89 and a post to Hacker News front page (see Pgloader: A High-speed PostgreSQL Swiss Army Knife, Written in Lisp it well seems that I just had my first Slashdot effect...
PostgreSQL comes with an awesome bulk copy protocol and tooling best known
\copy commands. Being a transactional system, PostgreSQL
COPY implementation will
ROLLBACK any work done if a single error is found
in the data set you're importing. That's the reason why
started: it provides with error handling for the