os2man writes "Qmail is one of the most widely used MTAs on the Net and has a solid reputation for its level of security. In 'Some thoughts on security after ten years of qmail 1.0' (PDF), Daniel J. Bernstein, reviews the history and security-relevant architecture of qmail; articulates partitioning standards that qmail fails to meet; analyzes the engineering that has allowed qmail to survive this failure; and draws various conclusions regarding the future of secure programming. A good read for anyone involved in secure development."
... though his invention worked superbly -- his theory was a crock of sewage
from beginning to end.
-- Vernor Vinge, "The Peace War"