For those wondering how to get Python working in Maemo 2.0, INdT (guys from pymaemo, responsible for the port) provide a repository at http://maemo.org.br/platform/apt/ (note the domain .br!) with packages.
Worth remembering that these will go into http://repository.maemo.org after quarantine period. Python is supported by maemo, is already included in 2.0 SDK and will ship with products (at least nokia 770) soon.
Python is much more complete now: it includes bindings for Gstreamer, BlueZ, DBus and Glade! PyGame, Hildon and others are much improved and we will see bindings for other libraries available in platform soon! Stay tunned.
If you want to know more about python in maemo, check great tutorial available on website, thanks Daniel D'Andrada.
UPDATE: As Herraiz noticed in his comment, you may add the following repository to your Application Manager/Tools/Application Catalog...: Web address:
http://maemo.org.br/platform/apt/, Distribution:
python, Components
python
UPDATE.2:You will also need the official repository http://repository.maemo.org/ (distribution is mistral-beta, components is free) in order to get libncurses5 dependency. Note that this repository has great tools for developers, like ssh, which won't show in Application Manager, but is installable using command line sudo gainroot; apt-get install ssh
UPDATE.3: Since maemo 2.0 (mistral) was released, there is no mistral-beta distribution anymore, it is now called mistral and the great news: Python is now included in this repository! No need to have the maemo.org.br anymore. New catalog entry is http://repository.maemo.org/ (distribution is mistral, component is free)