Sad to see competitor go, I think there's lots of room for improvement here, & C over Golang is particularly nice when postgres wants to run on system without overcommit
With WAL archiving you need to wait for a WAL segment to finish before it's backed up. With streaming backups the deadtime is minimized. At least that's as far as I understand this, I didn't get to try this out in practice yet.
On top of that, for availability (and minimizing deadtime), we have 2 replicas using streaming replication. If the lead PG crashes, one of the replicas is promoted to lead (and starts accepting writes), and we "only" lose the writes that haven't been sent over the streaming replication.
You can fully eliminate that window of data loss with synchronous replication (vs the default asynchronous replication - which we use). The write slowdown (replica network round trip + 2nd write at replica) isn't worth it for us