Tidings of Great Joy: Compiler Construction with PLY

I've just discovered and installed PLY ( Python Lex Yacc ) for constructing compilers.
This seems almost too good to be true. I'm dying to give it a crack at the cinnamon language I've been designing.
I'm so overyjoyed that I decided to do a bit of googling before I fired up flex and bison. This could possibly give me a parser before the beginning of the year, wahoo!

The homepage is here: http://www.dabeaz.com/ply/