One of the features of PostGIS (pain to some however you look at it), is that PostGIS library file is versioned by minor version. The library will have for example a postgis-2.0 or postgis-1.5.dll / .so to denote the version. Each version of PostGIS can be compiled to run on usually about 3 or 4 versions of PostgreSQL.
Since PostGIS is not part of PostgreSQL proper and has to be installed separately, it is possible to run a different version of PostGIS in each database of a cluster. While this is a great feature for PostGIS developers and also great for users who want to keep their old legacy PostGIS apps, while testing or creating new apps with the PostGIS 2.0 or experiment with 2.1 development series, it does pose some obvious challenges.
For example you can't simply just upgrade your cluster to a new version of PostgreSQL. You need to make sure the new cluster has the various versions of PostGIS compiled and available. One step to that end is figuring out exactly what version of PostGIS each database in your cluster is running. Here is a quick psql script I wrote up to help with that.