Directly from the mySQL docs:

6.2.2.2 The DATETIME, DATE, and TIMESTAMP Types

The DATETIME, DATE, and TIMESTAMP types are related. This section describes their characteristics, how they are similar, and how they differ.

The DATETIME type is used when you need values that contain both date and time information. MySQL retrieves and displays DATETIME values in 'YYYY-MM-DD HH:MM:SS' format. The supported range is '1000-01-01 00:00:00' to '9999-12-31 23:59:59'. (``Supported'' means that although earlier values might work, there is no guarantee that they will.)

The DATE type is used when you need only a date value, without a time part. MySQL retrieves and displays DATE values in 'YYYY-MM-DD' format. The supported range is '1000-01-01' to '9999-12-31'.

The TIMESTAMP column type provides a type that you can use to automatically mark INSERT or UPDATE operations with the current date and time. If you have multiple TIMESTAMP columns, only the first one is updated automatically.

Automatic updating of the first TIMESTAMP column occurs under any of the following conditions:

• The column is not specified explicitly in an INSERT or LOAD DATA INFILE statement.
• The column is not specified explicitly in an UPDATE statement and some other column changes value. (Note that an UPDATE that sets a column to the value it already has will not cause the TIMESTAMP column to be updated, because if you set a column to its current value, MySQL ignores the update for efficiency.)
• You explicitly set the TIMESTAMP column to NULL. TIMESTAMP columns other than the first may also be set to the current date and time. Just set the column to NULL or to NOW().

You can set any TIMESTAMP column to a value different from the current date and time by setting it explicitly to the desired value. This is true even for the first TIMESTAMP column. You can use this property if, for example, you want a TIMESTAMP to be set to the current date and time when you create a row, but not to be changed whenever the row is updated later:

Let MySQL set the column when the row is created. This will initialise it to the current date and time.

When you perform subsequent updates to other columns in the row, set the TIMESTAMP column explicitly to its current value.

On the other hand, you may find it just as easy to use a DATETIME column that you initialise to NOW() when the row is created and leave alone for subsequent updates.

Update: As hardburn pointed out, the original poster is using PostgreSQL. STill, nice to see that mySQL has some functionality which is lacking in PostgreSQL ;-)

CountZero

"If you have four groups working on a compiler, you'll get a 4-pass compiler." - Conway's Law