While Spacewalk is now open and Free, it is still uses a proprietary (and worse, expensive to use in production) database. Providing support for something like Postgres will open it up to more users and in turn, will enlarge the spacewalk user & developer community by a large extent. This is a bugzilla RFE to get this done and track status of getting it there.
https://fedorahosted.org/spacewalk/wiki/PostgreSqlProject In progress.
Mass-moving to space13.
With Spacewalk 1.2 released, limited support for PostgreSQL was announced: http://fedorahosted.org/spacewalk/wiki/ReleaseNotes12