I work for a Python shop that hosts everything on Rackspace. We have a mix of both dedicated servers and cloud servers, and we use cloud load balancers and Cloudfiles.
Here is my experience I had with Rackspace Cloudfiles and Python.
I started using a library I found on Rackspace's github, called python-cloudfiles (I contributed back some bugfixes to the library as well). One day, the project suddenly, without warning, disappeared from github! Where did it go! What happened? All my deploys are broken! Well, it turned out that it had been moved to another github account (rackerlabs) and support had been dropped, and it will be removed completely in August! I had to open a support ticket to figure out where it went. I wish there had been better communication here.
OK, so I started looking at Pyrax, which is the recommended replacement library (I think?). Looks pretty good, except it requires Python 2.7, and Rackspace only supports Centos6 (at least for dedicated servers), which has no official package for Python 2.7 (2.6 only). I could create a custom package to upgrade Python, but I find it kind of strange that Rackspace is providing a library that I can't run on their servers without adding custom packages.
Also, I noticed you recently added a commit to the python-cloudfiles package pointing to python-swiftclient. Is this an alternative to Pyrax? Can I use any of the openstack tools with Rackspace Cloud Servers / Cloud files? If so, should I build my apps on the openstack tools or on Pyrax?
Anyway, I hope you can clear some of this up.