Version 1.00.03 was released in June 2009. There is now a standalone download for Windows and OS X (containing its own python and dependencies).
ShapeStim and SimpleImageStim have been added, and many bugs fixed. See the changelog for further details.
You can read the following peer-reviewed publications about PsychoPy. If you use PsychoPy for your work please cite one (or more!) of them. The first discusses how it works, the second focusses more on how to use it:
PsychoPy is an open-source package for creating psychology stimuli in Python (A real and free alternative to Matlab). PsychoPy combines the graphical strengths of OpenGL with the easy Python syntax to give psychophysics a free and simple stimulus presentation and control package.
The goal is to provide, for the busy scientist (including me!), tools to control timing and windowing and a simple set of pre-packaged stimuli and methods. The code is platform independent, using Python and C libraries that are widely available.
Please send feedback to the mailing list and edit these pages if you find any errors.
Similar Projects: PsychToolbox for Matlab/C, VisionEgg for Python