The long-waited unicode-branch is finally at a stage that wider community testing is needed. Read the notification at django-users mailing list.
Malcolm has done terriffic job with the branch and there are already fairly solid documentation available. For most people, the short checklist (five steps, maximum!) is all you need to convert your applications to handle unicode well. If you want more information, check the detailed documentation from the trunk.
Using this branch means an end for the numerous unicode-related problems (for most of them, anyway) when using Django. So, this is a must for every djangonaut who is living in the Real World 😉
Go on, get on with it! 🙂