If you are already comfortable with parsing strings, you can use the subprocess module to get the data you are looking for into a string, like this:
>>> import subprocess
>>> p = subprocess.Popen(["ping.exe","www.google.com"], stdout = subprocess.PIPE)
>>> print p.communicate()[0]
Pinging www.l.google.com [209.85.225.99] with 32 bytes of data:
Reply from 209.85.225.99: bytes=32 time=59ms TTL=52
Reply from 209.85.225.99: bytes=32 time=64ms TTL=52
Reply from 209.85.225.99: bytes=32 time=104ms TTL=52
Reply from 209.85.225.99: bytes=32 time=64ms TTL=52
Ping statistics for 209.85.225.99:
Packets: Sent = 4, Received = 4, Lost = 0 (0% loss),
Approximate round trip times in milli-seconds:
Minimum = 59ms, Maximum = 104ms, Average = 72ms