You see, I was about to make a snide little "too much jazz and hip styling and not enough, well, stuff I haven't seen before" comment, but when they put the "we need 21st century BASIC" wrapper around it, it sounds nice as a toy / prototype library.

I made an attempt a few years ago at making a python library that would try to achieve the same sorts of things (more of just a wrapper around pygame, really), but never really had the motivation to keep running with it. With some extra ease-of-use wrapping around cocos2d, I think the goal would be met.