Are there problems developing Django on Jython?
I have recently started working on an open source desktop project in my spare time.  So this may not apply.  I came to the same the question.  I decided that I should write as much of the code as possible in python (and Django) and target all the platforms CPython, Jython, and IronPython.
Then, I decided that I would write plugins that would interface with libraries on different implementations (for example, different GUI libraries).
Why?  I decided early on that longevity of my code may depend on targeting not only CPython but also virtual machines.  For today's purposes CPython is the way to go because of speed, but who knows about tomorrow.  If you code is flexible enough, you may not have to decide on targeting one.
The downside to this approach is that you will have more code to create and maintain.
The background  
I'm building a fair-sized web application with a friend in my own time, and we've decided to go with the Django framework on Python. Django provides us with a lot of features we're going to need, so please don't suggest alternative frameworks.
The only decision I'm having trouble with, is whether we use Python or Jython to develop our application. Now I'm pretty familiar with Java and could possibly benefit from the libraries within the JDK. I know minimal Python, but am using this project as an opportunity to learn a new language - so the majority of work will be written in Python.
The attractiveness of Jython is of course the JVM. The number of python/django enabled web-hosts is extremely minimal - whereas I'm assuming I could drop a jython/django application on a huge variety of hosts. This isn't a massive design decision, but still one I think needs to be decided. I'd really prefer jython over python for the jvm accessibility alone.
 Questions  
Does Jython have many limitations compared to regular python? Will running django on jython cause problems? How quick is the Jython team to release updates alongside Python? Will Django work as advertised on Jython (with very minimal pre-configuration)?
 Decision 
Thanks for the helpful comments. What I think I'm going to do is develop in Jython for the JVM support - but to try to only use Python code/libraries. Portability isn't a major concern so if I need a library in the JDK (not readily available in python), I'll use it. As long as Django is fully supported, I'm happy.