Pylibmc is the python client for Memcached. But installing it in Ubuntu caused me some problems during my first time setup. Later I found that one of the dependent libraries need to be installed before installing Pylibmc. Here are the steps to install Pylibmc on Ubuntu.
LiClipse is the lightweight version of the most popular Eclipse IDE and it includes PyDev and Egit by default which will help python/django developers. You can download the latest version of LiClipse from here. You can just extract the downloaded package and start using it.