PyXML 0.8.2 has been released:
Version 0.8.2 of the Python/XML distribution is now available. It should be considered a beta release. The Python/XML distribution contains the basic tools required for processing XML data using the Python programming language, assembled into one easy-to-install package. The distribution includes parsers and standard interfaces such as SAX and DOM, along with various other useful modules.
From my limited experience, the built-in XML tools that ship with the Python Standard Library are quite good. Of course, I’ve been parsing extremely small and simple files, and I’m sure it could be done more efficiently.
I haven’t had a chance to check this package out, but I’ll let you know if I do.