Lots of Interesting stuff has gone into Python Standard library in 2.7, 3.1, 3.2 and 3.3 release. Some interesting features that went in really make programmers life easy and it can bring in a 'wow' factor to their code. Additionally, it can also help the external library developers to relook at the their libraries to use new facilities available from standard library modules.
This talk distills stuff from What's new document from 2.7, 3.2 and 3.3 and presents some of the choicest new features from Python standard library. Since a lots has gone in since 2.7, focus would be given to those which have had good discussion in tracker or in python-dev and would in general was a most sought out one.