Are you running postgres on different machine than aolserver? Is so, postgres might not be allowing external tcp connections. By default it only allows connections from the localhost. Check out pg_hba.conf in your postgres data directory. If you're running it on the same machine as aolserver then change:
ns_param DataSource 10.69.69.69::test
to:
ns_param DataSource localhost::test
Also make sure that you're actually loading the data model into the "test" database.