I find it highly unlikely for Postgres to truncate your data on input - it either rejects it or stores it as is.
milen@dev:~$ psql
Welcome to psql 8.2.7, the PostgreSQL interactive terminal.
Type: \copyright for distribution terms
\h for help with SQL commands
\? for help with psql commands
\g or terminate with semicolon to execute query
\q to quit
milen=> create table EscapeTest (text varchar(50));
CREATE TABLE
milen=> insert into EscapeTest (text) values ('This will be inserted \n This will not be');
WARNING: nonstandard use of escape in a string literal
LINE 1: insert into EscapeTest (text) values ('This will be inserted...
^
HINT: Use the escape string syntax for escapes, e.g., E'\r\n'.
INSERT 0 1
milen=> select * from EscapeTest;
text
------------------------
This will be inserted
This will not be
(1 row)
milen=>