Alexander Farber wrote on 31.10.2010 09:22:
> Hello Postgres users,
>
> to mimic the MySQL-REPLACE statement I need
> to try to UPDATE a record and if that fails - INSERT it.
>
There is actually an example of this in the PG manual ;)
http://www.postgresql.org/docs/current/static/plpgsql-control-structures.html#PLPGSQL-UPSERT-EXAMPLE
Here is another solution based on triggers:
http://database-programmer.blogspot.com/2009/06/approaches-to-upsert.html
Regards
Thomas