I usually deploy it is nginx => Django FastCGI via flup. Make sure to use prefork instead of threaded method. On top of that I run each Django project inside individual virtualenv's [1], where virtualenvwrapper [2] simplifies the process. Since all my servers are Debian-based, I use my own creation called flint [3] to automatically start/stop the FastCGI processes on boot/shutdown. For deploying code I use fabric [4] and then simply $ flint restart_all or $ flint restart myproject to reload the code.
[1] virtualenv - http://virtualenv.openplans.org/
[2] virtualenvwrapper - http://www.doughellmann.com/projects/virtualenvwrapper/
[3] flint - http://igorpartola.com/projects/flint
[4] fabric - http://docs.fabfile.org/0.9.2/