I'm already a professional J2EE developer by day, and Rails developer by night. I'm planning on adding Python to my list of skills. I'm already convinced a language is just a tool, so I'm not interested in a religious war. I agree with the Pragmatic Programmers that learning one language/year is a good thing for your professional development
So, in your considered opinion, what kinds of applications does Python hit the sweet spot? And why? What advantages does it have, and why do these advantages outweigh the costs in adopting Python?
ADD: I also plan on learning a pure functional language like Scheme.