So there is more core work happening on support OLAP but I do think it will take some time.
In the meantime, I think we have all the pieces (storage, query engine, table format) to set up a true OLAP. For instance, I created https://github.com/viggy28/streambed to pressure test this idea.
Currently, Strembed expects REPLICA IDENTITY FULL for getting the before and after value of TOAST column. Since we have the data in object storage, we could populate it without the need for REPLICA IDENTITY FULL. Created an issue https://github.com/viggy28/streambed/issues/25 to track this feature.