http://code.google.com/p/django-logging/
*shrug* I haven't used it, but he's got a screen-cast about how the
thing is set up. He builds it off of built-in Python logging
modules. It looks like it provides some decorators for suppressing
logging output on methods, etc. Might be worth the time to figure it
out! I'm considering it myself, now that I've looked at it!
Tim