piosk - some code I found on my laptop written by robie ages ago :/

piosk.py

import dbus
import gobject
from dbus.mainloop.glib import DBusGMainLoop

def device_added_callback(device):
    print 'Device %s was added' % (device)

def device_changed_callback(device):
    print 'Device %s was changed' % (device)

#must be done before connecting to DBus
DBusGMainLoop(set_as_default=True)

bus = dbus.SystemBus()

proxy = bus.get_object("org.freedesktop.UDisks", 
                       "/org/freedesktop/UDisks")
iface = dbus.Interface(proxy, "org.freedesktop.UDisks.Device")

devices = iface.get_dbus_method('EnumerateDevices')()

print '%s' % (devices)

#addes two signal listeners
iface.connect_to_signal('DeviceAdded', device_added_callback)
iface.connect_to_signal('DeviceChanged', device_changed_callback)

#start the main loop
mainloop = gobject.MainLoop()
mainloop.run()