As I wrote before am working on a project in venture-lab.com technology entrepreneurship course.
And for number of reasons I picked Python and Django as server side technology. Why not PHP? Options of switching to the cloud later are more wide.
But we start lean and mean on dedicated hosting I rent from Hostmonster for this blog and other stuff anyways.
Wanted to share few things that may save a little bit of time and trouble for others.

Setting up Django on Hostmonseter

For this I mostly used this tutorial.
It mostly covers it well. Install python, install Django, install mysql adapter and related stuff. Create fcgi script that will server requests. Setup .htaccess so that all requests go trough that fcgi script. And don’t forget to chmod fcgi script to 755. With more privileges hostmonster servers consider script insecure and forbid access, with less it will not work aether.

Now my setup was something like 90% similar, but along the way I stumbled on a problem. Almost all tutorials like I referenced above use technique like redirect to redirect usual http requests to django.fcgi so that django handles them.
And in usual case it mostly works. But in my case I am running site/app at a subdomain, and have a parked domain name that goes to that subdoman.
And turns out that in such cases such usual .htaccess does not work. After some communication with support here is how my  current .htaccess looks:

DirectoryIndex django.fcgiAddHandler fastcgi-script .fcgi  
RewriteEngine On
RewriteCond %{REQUEST_FILENAME} !-f [NC]
RewriteRule ^(.*)$ /django.fcgi/$1 [QSA,L]

Now as far as I understood from support. With parked domain redirect was not finding index, and thus showing 404. To solve that you need to use DirectoryIndex in .htaccess to tell Apache where to look for index.
And that’s what I did on line 1. Interestingly I did not find a correct way to do it in any documentation or tutorial. That’s why I share it, may be will save someone some time I spent on trial and error experiments :)
Another thing that is different from most tutorials is that line with redirect condition is absent. That’s because it usually points to domain requests we should redirect from. Considering I use parked domain and subdomain it was only messing things up.
Anyways with configuration from above it works fine for me so far.
Hope that helps someone out there :)