The Django project just announced that v1.1 is ready! Go here for the full release notes.

Some notable changes include support for aggregate functions from within the ORM. This includes COUNT(), MAX(), MIN(), etc.

Also, the concept of "unmanaged" models which allow you to easily support tables that pre-existed or were created by some other means to not be maintained by Django.

Another useful addition is deferred fields. This is useful in instances where you store large amounts of text or binary data in a table and may not necessarily want to retrieve that data in a query.

Looks like an excellent point release. Go grab it now!

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