Newb gets app_server error trying to run hellow world

[flanderz]

My console spits this out. I must be doing something stupid. Any ideas?

t  File "C:\Program Files (x86)\Google\google_appengine\dev_appserver.py", line 7
3, in run_file
    execfile(script_path, globals_)
  File "C:\Program Files (x86)\Google\google_appengine\google\appengine\tools\de
v_appserver_main.py", line 689, in <module>
    sys.exit(main(sys.argv))
  File "C:\Program Files (x86)\Google\google_appengine\google\appengine\tools\de
v_appserver_main.py", line 653, in main
    default_partition=default_partition)
  File "C:\Program Files (x86)\Google\google_appengine\google\appengine\tools\de
v_appserver.py", line 4971, in CreateServer
    server = HTTPServerWithScheduler((serve_address, port), handler_class)
  File "C:\Program Files (x86)\Google\google_appengine\google\appengine\tools\de
v_appserver.py", line 4999, in __init__
    request_handler_class)
  File "C:\Python25\lib\SocketServer.py", line 330, in __init__
    self.server_bind()
  File "C:\Python25\lib\BaseHTTPServer.py", line 101, in server_bind
    SocketServer.TCPServer.server_bind(self)
  File "C:\Python25\lib\SocketServer.py", line 341, in server_bind
    self.socket.bind(self.server_address)
  File "<string>", line 1, in bind