MySQL Point in Time Recovery For Just a Single Schema?
You can extract the SQL from a specific schema with the
Use mysqlbinlog utility against all binary logs that have the data and time ranges. You will have to name the database you are extracting:

start-datetime
stop-datetime
database (-d)

For example, suppose you have the following scenario

You have these binary logs
mysql-bin.000019
mysql-bin.000020
mysql-bin.000021
mysql-bin.000022
Binary Logs span from 2013-01-30 09:30:00 to 2013-02-04 12:00:00
You have a full backup from 2013-02-03 00:00:00 (mysqldata-20130203.sql)
You want to restore MyProdDB from 02/03/13 at 2:45 PM 2013-02-03 14:45:00

#STEP 01) Get all DB Changes from the Binary Logs
DB=MyProdDB
BEG_DT=&quot;2013-02-03 00:00:00&quot;
END_DT=&quot;2013-02-03 14:45:00&quot;
BINLOGS=&quot;mysql-bin.000019 mysql-bin.000020 mysql-bin.000021 mysql-bin.000022&quot;
mysqlbinlog -d ${DB} --start-datetime=&quot;${BEG_DT}&quot; --stop-datetime=&quot;${END_DT}&quot; ${BINLOGS} &gt; mysqldata-delta.sql

#STEP 02) Load Data into Staging Database called MyProdDBStaging
mysql -u... -p... -DMyProdDBStaging &lt; mysqldata-20130203.sql

#STEP 03) Load Delta into Staging Database called MyProdDBStaging
mysql -u... -p... -DMyProdDBStaging &lt; mysqldata-delta.sql

Now, the target database will be the point and time instance for MyProdDB at 2:45 PM on Feb 3, 2013.
Give it a Try !!!