Denizens of the all-ESRI blogosphere are writing about their tentative forays into open source GIS software. Predictably, the square peg doesn't fit in the round hole, and the result is disappointment. Hopefully, Fee will keep plugging, get beyond the lack of drag and drop, and see the obvious upside of PostGIS.
PostGIS is a great tool, and continues to get better and better as its user base grows in size and sophistication. The developers have clearly chosen to expend more resources on stability and performance than on useability, and it's been a good choice. Fee's problem is that he expects it to be a drop-in replacement for ArcSDE. This is not the objective of PostGIS and I think it would be a pointless waste of resources to try.