and I are having a good brain storming about the addition of password hash algorithms to the Python standard library: http://mail.python.org/pipermail/python-ideas/2012-June/015505.html
The discussion is related to the recent #linkedinhacked fiasco. While I was typing, +Guido van Rossum
has joined the topic, too.
I'm astonished how few people know about the excellent #passlib package. It's a great framework with over 30 hash algorithms, more deviations for countless apps and OSs, side channel free password checker and migration of outdated password schemas. The code is well written, documented and the authors really know what they are doing.
If you deal with passwords, checkout http://packages.python.org/passlib/