> Generally it's best practice in this case to never delete messages from a SQL "queue", but toggle them in-place to consumed and periodically archive to a long-term storage table.
Ignoring the potential uses for this data, what you suggested has the exact same effect on Postgres at a tuple level. An UPDATE is essentially the same as a DELETE + INSERT, due to its MVCC implementation. The only way around this is with a HOT update, which requires (among other things) that no indexed columns were updated. Since presumably in this schema you’d have a column like is_complete or is_deleted, and a partial index on it, as soon as you toggle it, it can’t do a HOT update, so the concerns about vacuum still apply.