Serializable isolation level - Mailing list pgsql-general

I need you expert opinions on the following statement.

The primary reason I use serialized transactions is to
avoid race conditions. One of postgresql's famed features
is the MVCC (multi-version concurrency control) aka
serialized transactions, which allows you to avoid using
row/table level locks. It's *supposed* to keep things
moving much more quickly than locks allow for.

Thanks,

Steve.