I am storing sent emails in a RDBMS including the to address, from address, and email body.
The body can really be any arbitrary amount of text, and I won't ever care to search on it.
Are there any performance issues I should worry about when having a potentially large column that isn't used too often in one of my most frequently accessed tables (Emails) ?
(This project is written in Rails)
postgresql stores large objects in a secondary area. You can read about it here: TOAST. The main concern will be keeping the large object out of the select list of queries that return many rows, so that you avoid visiting the secondary storage area.
If and when you do decide to add search functionality to the body text, you will need to use a full text strategy, which is well supported in Postgres, but is somewhat non intuitive. The topic receives a full chapter of treatment in the manual.