Is this a bug? Deleting a column deletes the constraint.

I got bit by this to be sure, but is it a bug? I guess I'd hoped for a
warning at the critical step (see "poof" below):

create table tester (one int, two int, three int);
alter table only tester add constraint no_dupes unique (one, two, three);
insert into tester values(1,2,3);
insert into tester values(1,2,4);
insert into tester values(1,2,3); -- this gets denied by the constraint
alter table tester add column new_three varchar(8);
alter table tester rename column three to old_three;
\d tester; -- the constraint moves to
the new column name
alter table tester rename column new_three to three;
\d tester; -- the constraint remains
alter table tester drop column old_three;
\d tester; -- poof, the constraint is
gone with no warning

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