Does Django need an IDE?
I would pay a reasonable amount for a Django-tailored IDE or plug-in. I don't know what I mean by reasonable, but maye it helps to know that I would not pay more than $75, and I would only pay the $75 if the tool was really awesome.
Now, Django specific features:

Seamless integration with Google Apps
(get me the urchin, the license for
Google Maps, and put it in my
templates)
Full support for the templating engine (details in the other answers you have received)
Lorem ipsum generation (Django has it, just make it simpler)
Prepackaged modules for common tasks (e.g. give me a full login page with template an all)
Link within the code for Django documentation and examples (e.g. Django snippets)
One-click for multi-browser comparison
Full CSS support
An object explorer (along the lines of the Django-admin, but off-line)
A color palette with cool combinations (say, blue-based, orange-based)
Wizard for uploading the local project to Webfaction or similar hosting solution

If I can think of anything else I will edit the answer.
Good luck in designing your product!
My company is evaluating the possibility of developing a specialized IDE for Django. 
So we would like to ask Django users: 

Do you feel the need for a specialized IDE for Django?
Would you be willing to pay for it, or would you only consider free a open-source product? 
What Django-specific features are you missing currently in your development tools?