I'm not sure what you mean. That paragraph was about how you might theoretically have two Python runtimes that require totally different templates. The thing is, I don't know an example of a difference in runtimes that is so drastic as to motivate having a whole new template, rather than just substituting different values into the same template. That's what I'm hoping to get from this discussion, or else conclude that we don't need such a powerful feature.
If you mean that we can use the template to invoke different Python interpreters, well, yes, but mucking with the template is a pretty low-level way to do that compared to using toolchains. :)