[carl_dr]

From the article:

  However, on its own, template databases are not fast enough for our use case. The time it takes to create a new database from a template database is still too high for running thousands of tests:

  postgres=# CREATE DATABASE foo TEMPLATE contra;
  CREATE DATABASE
  Time: 1999.758 ms (00:02.000)

So no. They say this adds ~33 minutes to running their tests.