You can use Bayes. Making it a relaying server won't affect it.
The problem you will have, is when someone from an invalid mail address,
sends a mail to an invalid mail address in the ecxhange, you will see
your mail queue growing
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> Can I use Bayes? I had assumed not, since I have no mailboxes on the system
> and all mail simply passes through to the Exchange Server..
>
> Am I out of luck with Bayes, or am I missing something obvious?
>
I do that w/Bayes and it works great. :-)
Only thing that you lose seems to be the abil