I think your comparison is off base to begin with.
Callbacks are just methods that get called when an async operation
completes. Ajax is just a framework for performing async operations (both
client and server), but can still make use of callbacks.
So, it's not really appropriate to pit the two against each other.
AJAX can be used as a complete data retrieval mechanism. In these cases,
I would say no. It can get rather complex, however, when you have
everything moving through AJAX.
A postback is designed for more comprehensive painting, so having AJAX
does not mean you do not postback.
Both of the above statements are broad generalizations. ;-)
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