Seems to me that it would be a simple matter to use 3D printing to build a model for traditional metal casting methods. But as mentioned, none of that gives you the strength of forged metal. So is there a way to combine 3D printing with casting and some sort of "generic" forging process?
3D printing is compatible with both casting and forging. 3D printing is a good way to make the initial master model for a casting mold. It can also be used to create the model from which the forging dies will be created.
As far as 3D printing replacing forging, that's a different story. The forging process itself affects the material being forged, essentially aligning the "grains" of the metal along the contours of the piece. This is what gives forged parts increased strength. At this point I don't believe we can replicate that with any known 3D printing technique.