Hi,

I had many problems too with Py2Deb and PyPackager till I understand the problems.

Most probably you'll get more help in the developers mailing list but here is some comments that might be useful (beware I'm far from expert on this).

on the distribution you need to set:
p.distribution = "fremantle"

and for the dependencies I've used the following and didn't get any complaints:
p.depends = "python2.5, python2.5-qt4-gui, python2.5-qt4-core, python2.5-qt4-maemo5"

Hope it is useful.