Can you elaborate on the LiteSpeed part of that response.  Is sounds like you are saying that LiteSpeed does not allow for transaction log backups which it certaintly does.  LiteSpeed also fully supports point in time recovery.

Nice article Kathy!

I've seen a lot of use out of point in time recovery in development environments.  Its a great way to roll back an hours worth of work if you completely fudge up a stored proc that your working on.  Ideally theres a version control practice in place, but if not, point in time recovery can allow you to roll back changes without too much work.