new_thing = MyTable(last_updated=datetime.datetime.now())
new_thing.save()
>>>>select * from MyTable\G;
last_updated: 2010-04-01 05:26:21
However, in my Python console...this is what it says...
>>> print datetime.datetime.now()
2010-04-01 10:26:21.643041
So obviously it's off by 5 hours. By the way, the database uses "SYSTEM" as its time, so they should match perfectly.
mysql> SELECT current_time;
+--------------+
| current_time |
+--------------+
| 10:30:16 |
+--------------+
>>> print datetime.datetime.now()
2010-04-01 10:30:17.793040