On May, 12ve, Bruce Momjian committed new contrib module for 9.0 – pg_upgrage.
As I understand – this is what was available before as pg-migrator.
If you're not familiar with it – it's a tool that allows upgrade of $PGDATA from some version to some version. What's the use case? Let's assume you have this 200GB database working as 8.3, and you'd like to go to 8.4 (or 9.0). Normal way is pg_dump + pg_restore – which will take some time. With pg-migrate/pg_upgrade it should be faster, and easier. So, let's play with it.