We're back after a server migration that caused effbot.org to fall over a bit harder than expected. Expect some glitches.

MemoryError

Raised when an operation runs out of memory but the situation may still be rescued (by deleting some objects). The associated value is a string indicating what kind of (internal) operation ran out of memory. Note that because of the underlying memory management architecture (C’s malloc() function), the interpreter may not always be able to completely recover from this situation; it nevertheless raises an exception so that a stack traceback can be printed, in case a run-away program was the cause.